H
Sovereign SDL

Himachal Pradesh

Taxable, Redeemable SDL

Browse: bonds maturing in 2038

Current YTM
7.43%
Market YTM
Coupon Rate
7.42%
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)
7.43%
Live, last traded 2026-07-08
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)
2026-06-25 2026-07-08
Cashflow Timeline
8 Sep 2026
Interest Payment
₹3.71 / Bond
8 Mar 2027
Interest Payment
₹3.71 / Bond
8 Sep 2027
Interest Payment
₹3.71 / Bond
8 Mar 2028
Interest Payment
₹3.71 / Bond
8 Sep 2028
Interest Payment
₹3.71 / Bond
8 Mar 2029
Interest Payment
₹3.71 / Bond
8 Sep 2029
Interest Payment
₹3.71 / Bond
8 Mar 2030
Interest Payment
₹3.71 / 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) ┊ Today
Today Issued 2023-09-08 Matures 2038-12-31
Key Metrics
Coupon Rate
7.42%
YTM (Annual)
7.43%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
12.3 Years
Advanced metrics
Modified Duration
7.90 Yrs
Macaulay Duration
8.19 Yrs
Issue Size
₹5 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
7.90 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-07-08
NSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
No call option
Observations
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is in line with 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
2023-09-08
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Himachal Pradesh issued this sdl (742HP38) carrying a 7.42% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-08 99.9000 7.4310 None
2026-07-07 99.9000 7.4310 None
2026-07-06 99.9000 7.4311 None
2026-07-03 99.9000 7.4311 None
2026-07-02 99.9000 7.4312 None
2026-07-01 99.9000 7.4313 None
2026-06-30 99.9000 7.4313 None
2026-06-29 99.9000 7.4324 None
2026-06-25 99.9000 7.4313 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 9 NSE 2026-07-08
Reg52(4) Payment Disclosures 0
Documents

No source documents linked for this security yet.

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 Himachal Pradesh SDL 7.42% 2038?

Himachal Pradesh SDL 7.42% 2038 carries a coupon of 7.42%, paid semi annual, on a face value of ₹100.

When does Himachal Pradesh SDL 7.42% 2038 mature?

Himachal Pradesh SDL 7.42% 2038 matures on 2038-12-31, 12.3 years from today.

Where does Himachal Pradesh SDL 7.42% 2038 trade?

Himachal Pradesh SDL 7.42% 2038 is listed on NSE.

What yield does Himachal Pradesh SDL 7.42% 2038 currently offer?

The last recorded trade on 2026-07-08 priced Himachal Pradesh SDL 7.42% 2038 at ₹99.90, implying a yield to maturity of 7.43%.

More Bonds from This Issuer
6
Himachal Pradesh 6.36% Dec 2028 SDL
Coupon
6.36%
Maturity
31 Dec 2028
7
Himachal Pradesh 7.43% Dec 2028 SDL
Coupon
7.43%
Maturity
31 Dec 2028
7
Himachal Pradesh 7.11% Dec 2028 SDL
Coupon
7.11%
Maturity
31 Dec 2028
7
Himachal Pradesh 7.26% Dec 2029 SDL
Coupon
7.26%
Maturity
31 Dec 2029
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