M
Sovereign SDL

Meghalaya

Taxable, Redeemable SDL

Browse: bonds maturing in 2031

Current YTM
7.78%
Market YTM
Coupon Rate
6.63%
Per annum
Maturity Date
31 Dec 2031
5.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.78%
Live, last traded 2026-08-10
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
5.3 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.
Cashflow Timeline
22 Jan 2027
Interest Payment
₹3.31 / Bond
22 Jul 2027
Interest Payment
₹3.31 / Bond
22 Jan 2028
Interest Payment
₹3.31 / Bond
22 Jul 2028
Interest Payment
₹3.31 / Bond
22 Jan 2029
Interest Payment
₹3.31 / Bond
22 Jul 2029
Interest Payment
₹3.31 / Bond
22 Jan 2030
Interest Payment
₹3.31 / Bond
22 Jul 2030
Interest Payment
₹3.31 / Bond
31 Dec 2031
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 Rating action: B by CRISIL on 2026-08-13 Issued 2021-01-22 Matures 2031-12-31

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

Key Metrics
Coupon Rate
6.63%
YTM (Annual)
7.78%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
5.3 Years
Advanced metrics
Modified Duration
4.34 Yrs
Macaulay Duration
4.51 Yrs
Issue Size
₹1 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
4.34 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-10
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 0.79 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
2021-01-22
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

663ML31 is a redeemable sdl issued by Meghalaya. The bond offers a fixed coupon of 6.63% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-13 CRISIL Other B Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-10 95.0000 7.7776 100
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-13
Secondary-Market Trades 1 NSE 2026-08-10
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nse_bonds
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 663ML31?

663ML31 carries a coupon of 6.63%, paid semi annual, on a face value of ₹100.

When does 663ML31 mature?

663ML31 matures on 2031-12-31, 5.3 years from today.

Where does 663ML31 trade?

663ML31 is listed on NSE.

What yield does 663ML31 currently offer?

The last recorded trade on 2026-08-10 priced 663ML31 at ₹95.00, implying a yield to maturity of 7.78%.

More Bonds from This Issuer
7
Meghalaya 7.39% Dec 2026 SDL
Coupon
7.39%
Maturity
31 Dec 2026
7
Meghalaya 7.49% Dec 2027 SDL
Coupon
7.49%
Maturity
31 Dec 2027
6
Meghalaya 6.45% Dec 2030 SDL
Coupon
6.45%
Maturity
31 Dec 2030
6
Meghalaya 6.65% Dec 2030 SDL
Coupon
6.65%
Maturity
31 Dec 2030
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