T
Sovereign SDL

Tamil Nadu

Taxable, Redeemable SDL

Browse: bonds maturing in 2056

Current YTM
7.68%
Market YTM
Coupon Rate
6.96%
Per annum
Maturity Date
31 Dec 2056
30.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.68%
Live, last traded 2026-07-08
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
30.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-07-08
Cashflow Timeline
21 Nov 2026
Interest Payment
₹3.48 / Bond
21 May 2027
Interest Payment
₹3.48 / Bond
21 Nov 2027
Interest Payment
₹3.48 / Bond
21 May 2028
Interest Payment
₹3.48 / Bond
21 Nov 2028
Interest Payment
₹3.48 / Bond
21 May 2029
Interest Payment
₹3.48 / Bond
21 Nov 2029
Interest Payment
₹3.48 / Bond
21 May 2030
Interest Payment
₹3.48 / Bond
31 Dec 2056
Principal Payment
₹100.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2021-05-21 Matures 2056-12-31
Key Metrics
Coupon Rate
6.96%
YTM (Annual)
7.68%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
30.3 Years
Advanced metrics
Modified Duration
11.67 Yrs
Macaulay Duration
12.12 Yrs
Issue Size
₹45 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
11.67 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-07-08
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 0.46 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
2021-05-21
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Tamil Nadu issued this sdl (696TN56) carrying a 6.96% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-08 91.6000 7.6766 None
2026-07-07 91.6000 7.6766 None
2026-07-06 91.6000 7.6766 None
2026-07-03 91.6000 7.6766 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 4 NSE 2026-07-08
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 696TN56?

696TN56 carries a coupon of 6.96%, paid semi annual, on a face value of ₹100.

When does 696TN56 mature?

696TN56 matures on 2056-12-31, 30.3 years from today.

Where does 696TN56 trade?

696TN56 is listed on NSE.

What yield does 696TN56 currently offer?

The last recorded trade on 2026-07-08 priced 696TN56 at ₹91.60, implying a yield to maturity of 7.68%.

More Bonds from This Issuer
6
Tamil Nadu 6.72% Dec 2027 SDL
Coupon
6.72%
Maturity
31 Dec 2027
6
Tamil Nadu 6.27% Dec 2027 SDL
Coupon
6.27%
Maturity
31 Dec 2027
7
Tamil Nadu 7.25% Dec 2027 SDL
Coupon
7.25%
Maturity
31 Dec 2027
6
Tamil Nadu 6.14% Dec 2028 SDL
Coupon
6.14%
Maturity
31 Dec 2028
Compare (/) Compare Bonds

← Back to screener