K
Sovereign SDL

Kerala

Taxable, Redeemable SDL

Browse: bonds maturing in 2041

Current YTM
8.29%
Market YTM
Coupon Rate
7.24%
Per annum
Maturity Date
31 Dec 2041
15.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
8.29%
Live, last traded 2026-09-15
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
15.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-17 2026-09-15
Cashflow Timeline
8 Feb 2027
Interest Payment
₹3.62 / Bond
8 Aug 2027
Interest Payment
₹3.62 / Bond
8 Feb 2028
Interest Payment
₹3.62 / Bond
8 Aug 2028
Interest Payment
₹3.62 / Bond
8 Feb 2029
Interest Payment
₹3.62 / Bond
8 Aug 2029
Interest Payment
₹3.62 / Bond
8 Feb 2030
Interest Payment
₹3.62 / Bond
8 Aug 2030
Interest Payment
₹3.62 / Bond
31 Dec 2041
Principal Payment
₹100.00 / Bond

Next 8 coupons + principal at maturity · per ₹100 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-08-08 Matures 2041-12-31
Key Metrics
Coupon Rate
7.24%
YTM (Annual)
8.29%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
15.3 Years
Advanced metrics
Modified Duration
8.66 Yrs
Macaulay Duration
9.02 Yrs
Issue Size
₹10 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
8.66 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-09-15
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 0.18 percentage points below the median for tracked SDL bonds. (based on 2812 tracked SDL bonds with a stated coupon)
Structured Overview Data as of 23 Sep 2026
Issuer
Instrument Type
SDL
Issue Date
2025-08-08
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Kerala issued this sdl (724KL41) carrying a 7.24% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-09-15 91.0000 8.2859 100
2026-08-18 91.0000 8.2836 100
2026-08-07 95.0000 7.8015 100
2026-07-17 96.0000 7.6853 100
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 4 NSE 2026-09-15
Reg52(4) Payment Disclosures 0
Documents

No source documents linked for this security yet.

Entity metadata
Source
rbi_dbie_backfill
Last Updated
23 Sep 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 Kerala SDL 7.24% 2041?

Kerala SDL 7.24% 2041 carries a coupon of 7.24%, paid semi annual, on a face value of ₹100.

When does Kerala SDL 7.24% 2041 mature?

Kerala SDL 7.24% 2041 matures on 2041-12-31, 15.3 years from today.

Where does Kerala SDL 7.24% 2041 trade?

Kerala SDL 7.24% 2041 is listed on NSE.

What yield does Kerala SDL 7.24% 2041 currently offer?

The last recorded trade on 2026-09-15 priced Kerala SDL 7.24% 2041 at ₹91.00, implying a yield to maturity of 8.29%.

More Bonds from This Issuer
6
Kerala 6.72% Dec 2027 SDL
Coupon
6.72%
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
31 Dec 2027
6
Kerala 6.73% Dec 2028 SDL
Coupon
6.73%
Maturity
31 Dec 2028
Compare (/) Compare Bonds

← Back to screener