A
Sovereign SDL

Andhra Pradesh

Taxable, Redeemable SDL

Browse: bonds maturing in 2038

Current YTM
7.85%
Market YTM
Coupon Rate
7.96%
Per annum
Maturity Date
31 Dec 2038
12.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.85%
Live, last traded 2026-08-27
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
12.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-05 2026-08-27
Cashflow Timeline
10 Oct 2026
Interest Payment
₹3.98 / Bond
10 Apr 2027
Interest Payment
₹3.98 / Bond
10 Oct 2027
Interest Payment
₹3.98 / Bond
10 Apr 2028
Interest Payment
₹3.98 / Bond
10 Oct 2028
Interest Payment
₹3.98 / Bond
10 Apr 2029
Interest Payment
₹3.98 / Bond
10 Oct 2029
Interest Payment
₹3.98 / Bond
10 Apr 2030
Interest Payment
₹3.98 / Bond
31 Dec 2038
Principal Payment
₹100.00 / Bond

Next 8 coupons + principal at maturity · per ₹100 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Downgrade: D by CRISIL on 2026-08-26 Reaffirmed: D by CRISIL on 2026-08-19 Reaffirmed: A by CRISIL on 2026-08-07 Issued 2026-04-10 Matures 2038-12-31

3 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.96%
YTM (Annual)
7.85%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
12.3 Years
Advanced metrics
Modified Duration
7.69 Yrs
Macaulay Duration
8.00 Yrs
Issue Size
₹44 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
7.69 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-27
NSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
No call option
Observations
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.54 percentage points above the median for tracked SDL bonds. (based on 2795 tracked SDL bonds with a stated coupon)
Structured Overview Data as of 28 Aug 2026
Instrument Type
SDL
Issue Date
2026-04-10
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

796AP38 is a redeemable sdl issued by Andhra Pradesh. The bond offers a fixed coupon of 7.96% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-08-26 CRISIL Downgrade D View →
2026-08-19 CRISIL Reaffirm D View →
2026-08-07 CRISIL Reaffirm A Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 100.8000 7.8544 300
2026-08-07 96.0000 8.4849 500
2026-08-05 95.8700 8.5025 500
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 3 2026-08-26
Secondary-Market Trades 3 NSE 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nse_bonds
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 796AP38?

796AP38 carries a coupon of 7.96%, paid semi annual, on a face value of ₹100.

When does 796AP38 mature?

796AP38 matures on 2038-12-31, 12.3 years from today.

Where does 796AP38 trade?

796AP38 is listed on NSE.

What yield does 796AP38 currently offer?

The last recorded trade on 2026-08-27 priced 796AP38 at ₹100.80, implying a yield to maturity of 7.85%.

More Bonds from This Issuer
7
Andhra Pradesh 7.46% Dec 2027 SDL
Coupon
7.46%
Maturity
31 Dec 2027
6
Andhra Pradesh 6.90% Dec 2027 SDL
Coupon
6.90%
Maturity
31 Dec 2027
6
Andhra Pradesh 6.35% Dec 2027 SDL
Coupon
6.35%
Maturity
31 Dec 2027
6
Andhra Pradesh 6.48% Dec 2027 SDL
Coupon
6.48%
Maturity
31 Dec 2027
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