K
Sovereign SDL

Kerala

Taxable, Redeemable SDL

Browse: bonds maturing in 2039

Current YTM
7.35%
Market YTM
Coupon Rate
7.47%
Per annum
Maturity Date
31 Dec 2039
13.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.35%
Live, last traded 2026-07-08
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
13.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-07-08
Cashflow Timeline
21 Feb 2027
Interest Payment
₹3.73 / Bond
21 Aug 2027
Interest Payment
₹3.73 / Bond
21 Feb 2028
Interest Payment
₹3.73 / Bond
21 Aug 2028
Interest Payment
₹3.73 / Bond
21 Feb 2029
Interest Payment
₹3.73 / Bond
21 Aug 2029
Interest Payment
₹3.73 / Bond
21 Feb 2030
Interest Payment
₹3.73 / Bond
21 Aug 2030
Interest Payment
₹3.73 / Bond
31 Dec 2039
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 2023-08-21 Matures 2039-12-31

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

Key Metrics
Coupon Rate
7.47%
YTM (Annual)
7.35%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
13.3 Years
Advanced metrics
Modified Duration
8.29 Yrs
Macaulay Duration
8.59 Yrs
Issue Size
₹10 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
8.29 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 27 Aug 2026
Issuer
Instrument Type
SDL
Issue Date
2023-08-21
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Kerala issued this sdl (747KL39) carrying a 7.47% p.a. coupon, paid semi annual. It 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
2026-07-08 101.0000 7.3505 None
2026-07-07 101.0000 7.3506 None
2026-07-06 101.0000 7.3506 None
2026-07-03 101.0000 7.3507 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 2 2026-08-18
Secondary-Market Trades 4 NSE 2026-07-08
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
rbi_dbie_backfill
Last Updated
27 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 747KL39?

747KL39 carries a coupon of 7.47%, paid semi annual, on a face value of ₹100.

When does 747KL39 mature?

747KL39 matures on 2039-12-31, 13.3 years from today.

Where does 747KL39 trade?

747KL39 is listed on NSE.

What yield does 747KL39 currently offer?

The last recorded trade on 2026-07-08 priced 747KL39 at ₹101.00, implying a yield to maturity of 7.35%.

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6
Kerala 6.72% Dec 2027 SDL
Coupon
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Maturity
31 Dec 2027
6
Kerala 6.22% Dec 2027 SDL
Coupon
6.22%
Maturity
31 Dec 2027
6
Kerala 6.17% Dec 2027 SDL
Coupon
6.17%
Maturity
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6
Kerala 6.73% Dec 2028 SDL
Coupon
6.73%
Maturity
31 Dec 2028
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