G
Sovereign G-Sec

Government of India

Taxable, Redeemable G SEC

Browse: bonds maturing in 2029

Current YTM
6.27%
Market YTM
Coupon Rate
7.04%
Per annum
Maturity Date
31 Dec 2029
3.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
6.27%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
3.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-31 2026-08-26
Cashflow Timeline
4 Dec 2026
Interest Payment
₹3.52 / Bond
4 Jun 2027
Interest Payment
₹3.52 / Bond
4 Dec 2027
Interest Payment
₹3.52 / Bond
4 Jun 2028
Interest Payment
₹3.52 / Bond
4 Dec 2028
Interest Payment
₹3.52 / Bond
4 Jun 2029
Interest Payment
₹3.52 / Bond
4 Dec 2029
Interest Payment
₹3.52 / Bond
31 Dec 2029
Principal Payment
₹100.00 / Bond

Next 7 coupons + principal at maturity · per ₹100 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AAA by CRISIL on 2026-08-04 Issued 2024-06-04 Matures 2029-12-31

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.04%
YTM (Annual)
6.27%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
3.3 Years
Advanced metrics
Modified Duration
2.91 Yrs
Macaulay Duration
3.01 Yrs
Issue Size
₹880 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
2.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-26
NSE
Trades (30 Days)
12
Exchange-reported sessions
Security Status
No call option
Observations
  • 12 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.12 percentage points below the median for tracked G-Sec bonds. (based on 119 tracked G-Sec bonds with a stated coupon)
Structured Overview Data as of 28 Aug 2026
Instrument Type
G SEC
Issue Date
2024-06-04
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Government of India issued this g sec (704GS2029) carrying a 7.04% p.a. coupon, paid semi annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-04 CRISIL Reaffirm AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 102.2600 6.2716 601
2026-08-24 102.2600 6.2729 99
2026-08-20 102.4700 6.2061 175
2026-08-19 102.0100 6.3584 21700
2026-08-18 102.5000 6.1976 25
2026-08-17 102.5000 6.1983 600
2026-08-13 102.0000 6.3649 550
2026-08-12 102.0000 6.3655 175
2026-08-10 103.5500 5.8623 101
2026-07-31 101.0800 6.6726 100
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-04
Secondary-Market Trades 10 NSE 2026-08-26
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
rbi_dbie_backfill
Last Updated
28 Aug 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on GoI 7.04% 2029?

GoI 7.04% 2029 carries a coupon of 7.04%, paid semi annual, on a face value of ₹100.

When does GoI 7.04% 2029 mature?

GoI 7.04% 2029 matures on 2029-12-31, 3.3 years from today.

Where does GoI 7.04% 2029 trade?

GoI 7.04% 2029 is listed on NSE.

What yield does GoI 7.04% 2029 currently offer?

The last recorded trade on 2026-08-26 priced GoI 7.04% 2029 at ₹102.26, implying a yield to maturity of 6.27%.

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