Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
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K

Kerala 7.46% 03 May 2048 SDL (IN2020230016)

Sovereign SDL

Kerala

Taxable, Redeemable SDL

216 more bonds from Kerala →
Current YTM
—
No market YTM available
Coupon Rate
7.46%
Per annum
Maturity Date
03 May 2048
21.5 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
—
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
21.5 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.

Showing last 10 trades.

Cashflow Timeline

3 May 2027
Interest Payment
₹3.73 / Bond
3 Nov 2027
Interest Payment
₹3.73 / Bond
3 May 2028
Interest Payment
₹3.73 / Bond
3 Nov 2028
Interest Payment
₹3.73 / Bond
3 May 2029
Interest Payment
₹3.73 / Bond
3 Nov 2029
Interest Payment
₹3.73 / Bond
3 May 2030
Interest Payment
₹3.73 / Bond
3 Nov 2030
Interest Payment
₹3.73 / Bond
…
+34 more coupons until 3 Nov 2047
₹3.73 each / Bond
3 May 2048
Final coupon + principal
₹103.73 / Bond
₹3.73 coupon + ₹100 face value

43 coupons remaining, the last paid with principal at maturity · per ₹100 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 5 May 2023 Matures 3 May 2048

Key Metrics

Coupon Rate
7.46%
YTM (Annual)
—
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
21.5 Years
Advanced metrics
Modified Duration
10.61 Yrs
Macaulay Duration
11.01 Yrs
Issue Size
₹15 Cr
Face Value
₹100
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
10.61 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
—
No recorded trades
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 0.09 percentage points above the median for tracked SDL bonds. (based on 5,290 tracked SDL bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Issuer
Instrument Type
SDL
Issue Date
5 May 2023
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Kerala issued Kerala 7.46% 03 May 2048 SDL, an SDL. It pays a 7.46% p.a. coupon, semi-annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Kerala An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

No source documents linked for this security yet.

Entity metadata
Source
RBI (DBIE)
Last Updated
7 Nov 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.

Current Price (Clean)
—

No recent trade data available

Calculate YTM for this bond
Bond Snapshot
ISIN
IN2020230016
Issue Date
5 May 2023
Maturity Date
3 May 2048
Listing
NSE
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
—
Day Count
30/360
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More Bonds from This Issuer

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Kerala 7.38% Nov 2026 SDL
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Maturity
09 Nov 2026
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Coupon
6.85%
Maturity
23 Nov 2026
K
Kerala 7.29% Dec 2026 SDL
IN2020160122
Coupon
7.29%
Maturity
28 Dec 2026
K
Kerala 7.15% Jan 2027 SDL
IN2020160130
Coupon
7.15%
Maturity
11 Jan 2027
Compare (/) Compare Bonds

Comparable SDLs maturing near 2048

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.46%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
IN4520250544Telangana—7.45%2048-11-26
IN4520250619Telangana—7.59%2048-12-24
IN2920230280Rajasthan—7.65%2048-11-01
IN1620260027Haryana—7.69%2048-08-27
IN4520220166Telangana—7.46%2048-09-14
IN4520230033Telangana—7.46%2048-05-03

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