K
Sovereign SDL

Kerala

Taxable, Redeemable SDL

Browse: bonds maturing in 2034

Current YTM
7.78%
Market YTM
Coupon Rate
6.96%
Per annum
Maturity Date
31 Dec 2034
8.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.78%
Live, last traded 2026-08-10
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
8.3 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
4 Dec 2026
Interest Payment
₹3.48 / Bond
4 Jun 2027
Interest Payment
₹3.48 / Bond
4 Dec 2027
Interest Payment
₹3.48 / Bond
4 Jun 2028
Interest Payment
₹3.48 / Bond
4 Dec 2028
Interest Payment
₹3.48 / Bond
4 Jun 2029
Interest Payment
₹3.48 / Bond
4 Dec 2029
Interest Payment
₹3.48 / Bond
4 Jun 2030
Interest Payment
₹3.48 / Bond
31 Dec 2034
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 Reaffirmed: D by CRISIL on 2026-08-18 Rating action: by CRISIL on 2026-06-26 Issued 2021-06-04 Matures 2034-12-31

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

Key Metrics
Coupon Rate
6.96%
YTM (Annual)
7.78%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
8.3 Years
Advanced metrics
Modified Duration
6.10 Yrs
Macaulay Duration
6.33 Yrs
Issue Size
₹10 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
6.10 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-10
NSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
No call option
Observations
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 0.46 percentage points below 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
2021-06-04
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

696KL34 is a redeemable sdl issued by Kerala. The bond offers a fixed coupon of 6.96% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-18 CRISIL Reaffirm D View →
2026-06-26 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-10 95.0000 7.7788 500
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 2 2026-08-18
Secondary-Market Trades 1 NSE 2026-08-10
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 696KL34?

696KL34 carries a coupon of 6.96%, paid semi annual, on a face value of ₹100.

When does 696KL34 mature?

696KL34 matures on 2034-12-31, 8.3 years from today.

Where does 696KL34 trade?

696KL34 is listed on NSE.

What yield does 696KL34 currently offer?

The last recorded trade on 2026-08-10 priced 696KL34 at ₹95.00, implying a yield to maturity of 7.78%.

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Coupon
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Maturity
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Coupon
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Maturity
31 Dec 2027
6
Kerala 6.17% Dec 2027 SDL
Coupon
6.17%
Maturity
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Kerala 6.73% Dec 2028 SDL
Coupon
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Maturity
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