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Tamil Nadu 7.62% 05 Aug 2041 SDL (IN3120260101)

Sovereign SDL

Tamil Nadu

Taxable, Redeemable SDL

Browse: bonds maturing in 2041

392 more bonds from Tamil Nadu →
Current YTM
8.40%
Market YTM
Coupon Rate
7.62%
Per annum
Maturity Date
05 Aug 2041
14.7 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond

Market Position

YTM (Annual)
8.40%
Last traded 13 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
—
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
14.7 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
1 Oct 202613 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

5 Feb 2027
Interest Payment
₹3.81 / Bond
5 Aug 2027
Interest Payment
₹3.81 / Bond
5 Feb 2028
Interest Payment
₹3.81 / Bond
5 Aug 2028
Interest Payment
₹3.81 / Bond
5 Feb 2029
Interest Payment
₹3.81 / Bond
5 Aug 2029
Interest Payment
₹3.81 / Bond
5 Feb 2030
Interest Payment
₹3.81 / Bond
5 Aug 2030
Interest Payment
₹3.81 / Bond
…
+21 more coupons until 5 Feb 2041
₹3.81 each / Bond
5 Aug 2041
Final coupon + principal
₹103.81 / Bond
₹3.81 coupon + ₹100 face value

30 coupons remaining, the last paid with principal at maturity · per ₹100 face value · projected dates

RBI Auctions of This Security

5 auctions

From RBI's published State Government Securities auction results. A cut-off yield is the highest yield RBI accepted in that auction, on that date; it is not the yield at which the bond trades today.

AuctionTypeCut-off yieldWeighted avg. yieldCut-off priceNotified (₹ cr)Accepted (₹ cr)
29 Sep 2026 Re-issue — — — 2,000 0
15 Sep 2026 Re-issue 7.9107% 7.8779% 97.47 2,000 2,000
1 Sep 2026 Re-issue 7.7044% 7.7032% 99.25 2,000 2,000
25 Aug 2026 Re-issue 7.6395% 7.6259% 99.82 500 500
4 Aug 2026 New issue 7.6200% 7.6116% 100.00 1,000 1,000

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 5 Aug 2026 Matures 5 Aug 2041

Key Metrics

Coupon Rate
7.62%
YTM (Annual)
8.40%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
14.7 Years
Advanced metrics
Modified Duration
8.36 Yrs
Macaulay Duration
8.71 Yrs
Issue Size
₹55 Cr
Face Value
₹100
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
8.36 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
13 Oct 2026
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 0.25 percentage points above the median for tracked SDL bonds. (based on 5,290 tracked SDL bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Issuer
Instrument Type
SDL
Issue Date
5 Aug 2026
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Tamil Nadu issued Tamil Nadu 7.62% 05 Aug 2041 SDL, an SDL. It pays a 7.62% p.a. coupon, semi-annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Tamil Nadu An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for IN3120260101: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-13 93.4607 8.3975 100
2026-10-06 93.7088 8.3662 200
2026-10-01 97.5647 7.8997 200

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 0 — —
Secondary-Market Trades 3 NSE 2026-10-13
Reg52(4) Payment Disclosures 0 — —

Documents

No source documents linked for this security yet.

Entity metadata
Source
RBI (DBIE)
Last Updated
7 Nov 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.

Current Price (Clean)
₹93.46
YTM8.40%
Trade Date 13 Oct 2026 26d ago
SourceNSE
Accrued interest (est.)₹1.99
Dirty price (est.)₹95.45
Calculate YTM for this bond
Bond Snapshot
ISIN
IN3120260101
Issue Date
5 Aug 2026
Maturity Date
5 Aug 2041
Listing
NSE
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
—
Day Count
30/360
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Frequently Asked Questions
What is the coupon rate on Tamil Nadu 7.62% 05 Aug 2041 SDL?

Tamil Nadu 7.62% 05 Aug 2041 SDL carries a coupon of 7.62%, paid semi annual, on a face value of ₹100.

When does Tamil Nadu 7.62% 05 Aug 2041 SDL mature?

Tamil Nadu 7.62% 05 Aug 2041 SDL matures on 5 Aug 2041, 14.7 years from today.

Where does Tamil Nadu 7.62% 05 Aug 2041 SDL trade?

Tamil Nadu 7.62% 05 Aug 2041 SDL is listed on NSE.

What yield does Tamil Nadu 7.62% 05 Aug 2041 SDL currently offer?

The last recorded trade on 13 Oct 2026 priced Tamil Nadu 7.62% 05 Aug 2041 SDL at ₹93.46 per bond, implying a yield to maturity of 8.40%.

More Bonds from This Issuer

T
Tamil Nadu 7.39% Nov 2026 SDL
IN3120160137
Coupon
7.39%
Maturity
09 Nov 2026
T
Tamil Nadu 7.26% Nov 2026 SDL
IN3120190191
Coupon
7.26%
Maturity
20 Nov 2026
T
Tamil Nadu 6.84% Nov 2026 SDL
IN3120160145
Coupon
6.84%
Maturity
23 Nov 2026
T
Tamil Nadu 7.07% Dec 2026 SDL
IN3120160152
Coupon
7.07%
Maturity
14 Dec 2026
Compare (/) Compare Bonds

Comparable SDLs maturing near 2041

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.62%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
IN1920220101Karnataka—7.63%2040-12-14
IN3320250217Uttar Pradesh—7.67%2041-02-18
IN1020260049Andhra Pradesh—7.79%2042-04-22
IN2220250392Maharashtra—7.43%2040-12-03
IN1020220555Andhra Pradesh—7.85%2040-10-12
IN2020260039Kerala—7.86%2042-04-15

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