T
Sovereign SDL

Tamil Nadu

Taxable, Redeemable SDL

Browse: bonds maturing in 2054

Current YTM
7.94%
Market YTM
Coupon Rate
7.56%
Per annum
Maturity Date
31 Dec 2054
28.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.94%
Live, last traded 2026-07-17
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
28.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-07-17
Cashflow Timeline
19 Jan 2027
Interest Payment
₹3.78 / Bond
19 Jul 2027
Interest Payment
₹3.78 / Bond
19 Jan 2028
Interest Payment
₹3.78 / Bond
19 Jul 2028
Interest Payment
₹3.78 / Bond
19 Jan 2029
Interest Payment
₹3.78 / Bond
19 Jul 2029
Interest Payment
₹3.78 / Bond
19 Jan 2030
Interest Payment
₹3.78 / Bond
19 Jul 2030
Interest Payment
₹3.78 / Bond
31 Dec 2054
Principal Payment
₹100.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2024-01-19 Matures 2054-12-31
Key Metrics
Coupon Rate
7.56%
YTM (Annual)
7.94%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
28.3 Years
Advanced metrics
Modified Duration
11.09 Yrs
Macaulay Duration
11.53 Yrs
Issue Size
₹20 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
11.09 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-07-17
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 0.14 percentage points above 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
2024-01-19
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Tamil Nadu issued this sdl (756TN54) carrying a 7.56% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-17 95.7300 7.9397 300
2026-07-16 94.0000 8.1020 100
2026-07-15 97.0000 7.8238 300
2026-07-08 96.6000 7.8602 None
2026-07-07 96.6000 7.8602 None
2026-07-06 96.6000 7.8603 None
2026-07-03 96.6000 7.8603 None
2026-07-02 96.6000 7.8604 None
2026-07-01 96.6000 7.8604 None
2026-06-30 96.6000 7.8604 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 10 NSE 2026-07-17
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 Tamil Nadu SDL 7.56% 2054?

Tamil Nadu SDL 7.56% 2054 carries a coupon of 7.56%, paid semi annual, on a face value of ₹100.

When does Tamil Nadu SDL 7.56% 2054 mature?

Tamil Nadu SDL 7.56% 2054 matures on 2054-12-31, 28.3 years from today.

Where does Tamil Nadu SDL 7.56% 2054 trade?

Tamil Nadu SDL 7.56% 2054 is listed on NSE.

What yield does Tamil Nadu SDL 7.56% 2054 currently offer?

The last recorded trade on 2026-07-17 priced Tamil Nadu SDL 7.56% 2054 at ₹95.73, implying a yield to maturity of 7.94%.

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
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