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

Kerala 7.86% 15 Apr 2042 SDL (IN2020260039)

Sovereign SDL

Kerala

Taxable, Redeemable SDL

216 more bonds from Kerala →
Current YTM
8.55%
Market YTM
Coupon Rate
7.86%
Per annum
Maturity Date
15 Apr 2042
15.4 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond

Market Position

YTM (Annual)
8.55%
Last traded 8 Oct 2026 (end of day)
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
15.4 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.

Price data as a table: Recent Market Prices

Cashflow Timeline

15 Apr 2027
Interest Payment
₹3.93 / Bond
15 Oct 2027
Interest Payment
₹3.93 / Bond
15 Apr 2028
Interest Payment
₹3.93 / Bond
15 Oct 2028
Interest Payment
₹3.93 / Bond
15 Apr 2029
Interest Payment
₹3.93 / Bond
15 Oct 2029
Interest Payment
₹3.93 / Bond
15 Apr 2030
Interest Payment
₹3.93 / Bond
15 Oct 2030
Interest Payment
₹3.93 / Bond
…
+22 more coupons until 15 Oct 2041
₹3.93 each / Bond
15 Apr 2042
Final coupon + principal
₹103.93 / Bond
₹3.93 coupon + ₹100 face value

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

RBI Auctions of This Security

5 auctions

From RBI's published State Government Securities auction results. A cut-off yield is the highest yield RBI accepted in that auction, on that date; it is not the yield at which the bond trades today.

AuctionTypeCut-off yieldWeighted avg. yieldCut-off priceNotified (₹ cr)Accepted (₹ cr)
18 Aug 2026 Re-issue 7.6786% 7.6557% 101.62 1,000 1,000
21 Jul 2026 Re-issue 7.7139% 7.7095% 101.30 1,000 1,000
9 Jun 2026 Re-issue 7.8282% 7.8127% 100.27 1,400 1,400
12 May 2026 Re-issue 7.8567% 7.8522% 100.02 1,400 1,400
13 Apr 2026 New issue 7.8600% 7.8514% 100.00 1,400 1,400

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 15 Apr 2026 Matures 15 Apr 2042

Key Metrics

Coupon Rate
7.86%
YTM (Annual)
8.55%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
15.4 Years
Advanced metrics
Modified Duration
8.59 Yrs
Macaulay Duration
8.95 Yrs
Issue Size
₹62 Cr
Face Value
₹100
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
8.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
8 Oct 2026
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 0.49 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
15 Apr 2026
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Issued by Kerala, Kerala 7.86% 15 Apr 2042 SDL is an SDL. It pays a 7.86% 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.

Recent Market Prices

Recent BSE trades for IN2020260039: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-08 94.1528 8.5469 100

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 0 — —
Secondary-Market Trades 1 NSE 2026-10-08
Reg52(4) Payment Disclosures 0 — —

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)
₹94.15
YTM8.55%
Trade Date 8 Oct 2026 31d ago
SourceNSE
Accrued interest (est.)₹0.52
Dirty price (est.)₹94.68
Calculate YTM for this bond
Bond Snapshot
ISIN
IN2020260039
Issue Date
15 Apr 2026
Maturity Date
15 Apr 2042
Listing
NSE
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
—
Day Count
30/360
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Frequently Asked Questions
What is the coupon rate on Kerala 7.86% 15 Apr 2042 SDL?

Kerala 7.86% 15 Apr 2042 SDL carries a coupon of 7.86%, paid semi annual, on a face value of ₹100.

When does Kerala 7.86% 15 Apr 2042 SDL mature?

Kerala 7.86% 15 Apr 2042 SDL matures on 15 Apr 2042, 15.4 years from today.

Where does Kerala 7.86% 15 Apr 2042 SDL trade?

Kerala 7.86% 15 Apr 2042 SDL is listed on NSE.

What yield does Kerala 7.86% 15 Apr 2042 SDL currently offer?

The last recorded trade on 8 Oct 2026 priced Kerala 7.86% 15 Apr 2042 SDL at ₹94.15 per bond, implying a yield to maturity of 8.55%.

More Bonds from This Issuer

K
Kerala 7.38% Nov 2026 SDL
IN2020160106
Coupon
7.38%
Maturity
09 Nov 2026
K
Kerala 6.85% Nov 2026 SDL
IN2020160114
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 2042

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 7.86%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
IN1020260049Andhra Pradesh—7.79%2042-04-22
IN3420250331West Bengal—7.73%2043-02-04
IN1020220464Andhra Pradesh—7.71%2042-08-30
IN1020230604Andhra Pradesh—7.69%2042-11-15
IN2120250351Madhya Pradesh—7.68%2043-02-04
IN2820220142Punjab—7.65%2042-11-16

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