Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
T

Tamil Nadu 8.18% 14 Oct 2056 SDL (IN3120260150)

Sovereign SDL

Tamil Nadu

Taxable, Redeemable SDL

392 more bonds from Tamil Nadu →
Current YTM
—
No market YTM available
Coupon Rate
8.18%
Per annum
Maturity Date
14 Oct 2056
29.9 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
Latest RBI auction cut-off yield: 8.25% (27 Oct 2026), an auction result, not a market yield. Auctions ↓
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
29.9 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.

Showing last 10 trades.

Cashflow Timeline

14 Apr 2027
Interest Payment
₹4.09 / Bond
14 Oct 2027
Interest Payment
₹4.09 / Bond
14 Apr 2028
Interest Payment
₹4.09 / Bond
14 Oct 2028
Interest Payment
₹4.09 / Bond
14 Apr 2029
Interest Payment
₹4.09 / Bond
14 Oct 2029
Interest Payment
₹4.09 / Bond
14 Apr 2030
Interest Payment
₹4.09 / Bond
14 Oct 2030
Interest Payment
₹4.09 / Bond
…
+51 more coupons until 14 Apr 2056
₹4.09 each / Bond
14 Oct 2056
Final coupon + principal
₹104.09 / Bond
₹4.09 coupon + ₹100 face value

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

RBI Auctions of This Security

2 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)
27 Oct 2026 Re-issue 8.2537% 8.2492% 99.18 2,000 2,000
13 Oct 2026 New issue 8.1800% 8.1530% 100.00 3,000 3,000

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 14 Oct 2026 Matures 14 Oct 2056

Key Metrics

Coupon Rate
8.18%
YTM (Annual)
—
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
29.9 Years
Advanced metrics
Modified Duration
11.05 Yrs
Macaulay Duration
11.51 Yrs
Issue Size
₹50 Cr
Face Value
₹100
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
11.05 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
—
No recorded trades
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 0.81 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
14 Oct 2026
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Tamil Nadu 8.18% 14 Oct 2056 SDL is an SDL issued by Tamil Nadu. It pays an 8.18% 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

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)
—

No recent trade data available

Calculate YTM for this bond
Bond Snapshot
ISIN
IN3120260150
Issue Date
14 Oct 2026
Maturity Date
14 Oct 2056
Listing
NSE
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
—
Day Count
30/360
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

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 2056

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 8.18%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
IN1020260122Andhra Pradesh—7.64%2056-08-12
IN3320250290Uttar Pradesh—8.09%2056-03-30
IN4520260022Telangana—8.07%2056-04-08
IN2920260022Rajasthan—8.06%2057-04-08
IN3420250505West Bengal—8.04%2056-03-30
IN2120260020Madhya Pradesh—7.90%2056-04-15

← Back to screener