M
Sovereign SDL

Maharashtra

Taxable, Redeemable SDL

Browse: bonds maturing in 2036

Current YTM
7.42%
Market YTM
Coupon Rate
7.27%
Per annum
Maturity Date
31 Dec 2036
10.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.42%
Live, last traded 2026-07-23
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
10.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-07-23
Cashflow Timeline
26 Sep 2026
Interest Payment
₹3.63 / Bond
26 Mar 2027
Interest Payment
₹3.63 / Bond
26 Sep 2027
Interest Payment
₹3.63 / Bond
26 Mar 2028
Interest Payment
₹3.63 / Bond
26 Sep 2028
Interest Payment
₹3.63 / Bond
26 Mar 2029
Interest Payment
₹3.63 / Bond
26 Sep 2029
Interest Payment
₹3.63 / Bond
26 Mar 2030
Interest Payment
₹3.63 / Bond
31 Dec 2036
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 2025-09-26 Matures 2036-12-31

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

Key Metrics
Coupon Rate
7.27%
YTM (Annual)
7.42%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
10.3 Years
Advanced metrics
Modified Duration
7.08 Yrs
Macaulay Duration
7.34 Yrs
Issue Size
₹45 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
7.08 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-07-23
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 0.15 percentage points below 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
2025-09-26
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

727MH36 is a redeemable sdl issued by Maharashtra. The bond offers a fixed coupon of 7.27% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Reaffirm Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-23 98.9000 7.4209 100
2026-07-08 99.7100 7.3083 None
2026-07-07 99.7100 7.3084 None
2026-07-06 99.7100 7.3084 None
2026-07-03 99.7100 7.3084 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-06
Secondary-Market Trades 5 NSE 2026-07-23
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 727MH36?

727MH36 carries a coupon of 7.27%, paid semi annual, on a face value of ₹100.

When does 727MH36 mature?

727MH36 matures on 2036-12-31, 10.3 years from today.

Where does 727MH36 trade?

727MH36 is listed on NSE.

What yield does 727MH36 currently offer?

The last recorded trade on 2026-07-23 priced 727MH36 at ₹98.90, implying a yield to maturity of 7.42%.

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Maharashtra 6.45% Dec 2027 SDL
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Maturity
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Coupon
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Maturity
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6
Maharashtra 6.54% Dec 2027 SDL
Coupon
6.54%
Maturity
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Coupon
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Maturity
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