M
Sovereign SDL

Maharashtra

Taxable, Redeemable SDL

Browse: bonds maturing in 2038

Current YTM
7.60%
Market YTM
Coupon Rate
6.72%
Per annum
Maturity Date
31 Dec 2038
12.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.60%
Live, last traded 2026-07-16
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
12.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-25 2026-07-16
Cashflow Timeline
25 Oct 2026
Interest Payment
₹3.36 / Bond
25 Apr 2027
Interest Payment
₹3.36 / Bond
25 Oct 2027
Interest Payment
₹3.36 / Bond
25 Apr 2028
Interest Payment
₹3.36 / Bond
25 Oct 2028
Interest Payment
₹3.36 / Bond
25 Apr 2029
Interest Payment
₹3.36 / Bond
25 Oct 2029
Interest Payment
₹3.36 / Bond
25 Apr 2030
Interest Payment
₹3.36 / Bond
31 Dec 2038
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: by CRISIL on 2026-08-06 Issued 2025-04-25 Matures 2038-12-31

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
6.72%
YTM (Annual)
7.60%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
12.3 Years
Advanced metrics
Modified Duration
8.02 Yrs
Macaulay Duration
8.33 Yrs
Issue Size
₹30 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
8.02 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-07-16
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 0.70 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
2025-04-25
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Issued by Maharashtra, 672MH38 is a sdl paying a 6.72% p.a. coupon semi annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Reaffirm Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-16 93.0000 7.5975 100
2026-07-08 93.0000 7.5968 None
2026-07-07 93.0000 7.5967 None
2026-07-06 93.0000 7.5966 None
2026-07-03 93.0000 7.5966 None
2026-07-02 93.0000 7.5963 None
2026-07-01 93.0000 7.5962 None
2026-06-30 93.0000 7.5962 None
2026-06-29 93.0000 7.5972 None
2026-06-25 93.0000 7.5959 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-06
Secondary-Market Trades 10 NSE 2026-07-16
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
rbi_dbie_backfill
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 Maharashtra SDL 6.72% 2038?

Maharashtra SDL 6.72% 2038 carries a coupon of 6.72%, paid semi annual, on a face value of ₹100.

When does Maharashtra SDL 6.72% 2038 mature?

Maharashtra SDL 6.72% 2038 matures on 2038-12-31, 12.3 years from today.

Where does Maharashtra SDL 6.72% 2038 trade?

Maharashtra SDL 6.72% 2038 is listed on NSE.

What yield does Maharashtra SDL 6.72% 2038 currently offer?

The last recorded trade on 2026-07-16 priced Maharashtra SDL 6.72% 2038 at ₹93.00, implying a yield to maturity of 7.60%.

More Bonds from This Issuer
6
Maharashtra 6.45% Dec 2027 SDL
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Maturity
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Maharashtra 6.43% Dec 2027 SDL
Coupon
6.43%
Maturity
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6
Maharashtra 6.54% Dec 2027 SDL
Coupon
6.54%
Maturity
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6
Maharashtra 6.38% Dec 2027 SDL
Coupon
6.38%
Maturity
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