K
Sovereign SDL

Karnataka

Taxable, Redeemable SDL

Browse: bonds maturing in 2038

Current YTM
7.86%
Market YTM
Coupon Rate
7.71%
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)
7.86%
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
12.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-26
Cashflow Timeline
12 Jan 2027
Interest Payment
₹3.85 / Bond
12 Jul 2027
Interest Payment
₹3.85 / Bond
12 Jan 2028
Interest Payment
₹3.85 / Bond
12 Jul 2028
Interest Payment
₹3.85 / Bond
12 Jan 2029
Interest Payment
₹3.85 / Bond
12 Jul 2029
Interest Payment
₹3.85 / Bond
12 Jan 2030
Interest Payment
₹3.85 / Bond
12 Jul 2030
Interest Payment
₹3.85 / 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Today Rating action: B by CRISIL on 2026-07-30 Reaffirmed: B by CRISIL on 2026-07-29 Withdrawn: by CRISIL on 2026-07-23 Issued 2024-01-12 Matures 2038-12-31

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

Key Metrics
Coupon Rate
7.71%
YTM (Annual)
7.86%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
12.3 Years
Advanced metrics
Modified Duration
7.74 Yrs
Macaulay Duration
8.05 Yrs
Issue Size
₹20 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
7.74 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-26
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 0.29 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
Issuer
Instrument Type
SDL
Issue Date
2024-01-12
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Karnataka issued this sdl (771KA38) carrying a 7.71% p.a. coupon, paid semi annual. It repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-07-30 CRISIL Other B Stable View →
2026-07-29 CRISIL Reaffirm B Stable View →
2026-07-23 CRISIL Withdrawal View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 98.7900 7.8618 100
2026-08-24 96.0000 8.2287 100
2026-08-10 95.0000 8.3629 100
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 3 2026-07-30
Secondary-Market Trades 3 NSE 2026-08-26
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 771KA38?

771KA38 carries a coupon of 7.71%, paid semi annual, on a face value of ₹100.

When does 771KA38 mature?

771KA38 matures on 2038-12-31, 12.3 years from today.

Where does 771KA38 trade?

771KA38 is listed on NSE.

What yield does 771KA38 currently offer?

The last recorded trade on 2026-08-26 priced 771KA38 at ₹98.79, implying a yield to maturity of 7.86%.

More Bonds from This Issuer
6
Karnataka 6.12% Dec 2027 SDL
Coupon
6.12%
Maturity
31 Dec 2027
6
Karnataka 6.32% Dec 2028 SDL
Coupon
6.32%
Maturity
31 Dec 2028
6
Karnataka 6.99% Dec 2028 SDL
Coupon
6.99%
Maturity
31 Dec 2028
6
Karnataka 6.95% Dec 2028 SDL
Coupon
6.95%
Maturity
31 Dec 2028
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