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West Bengal 7.88% 25 Mar 2044 SDL (IN3420250455)

Sovereign SDL

West Bengal

Taxable, Redeemable SDL

282 more bonds from West Bengal →
Current YTM
—
No market YTM available
Coupon Rate
7.88%
Per annum
Maturity Date
25 Mar 2044
17.4 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: 7.88% (24 Mar 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
17.4 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

25 Mar 2027
Interest Payment
₹3.94 / Bond
25 Sep 2027
Interest Payment
₹3.94 / Bond
25 Mar 2028
Interest Payment
₹3.94 / Bond
25 Sep 2028
Interest Payment
₹3.94 / Bond
25 Mar 2029
Interest Payment
₹3.94 / Bond
25 Sep 2029
Interest Payment
₹3.94 / Bond
25 Mar 2030
Interest Payment
₹3.94 / Bond
25 Sep 2030
Interest Payment
₹3.94 / Bond
…
+26 more coupons until 25 Sep 2043
₹3.94 each / Bond
25 Mar 2044
Final coupon + principal
₹103.94 / Bond
₹3.94 coupon + ₹100 face value

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

RBI Auctions of This Security

1 auction

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)
24 Mar 2026 New issue 7.8800% 7.8486% 100.00 1,500 1,500

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 25 Mar 2026 Matures 25 Mar 2044

Key Metrics

Coupon Rate
7.88%
YTM (Annual)
—
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
17.4 Years
Advanced metrics
Modified Duration
9.29 Yrs
Macaulay Duration
9.66 Yrs
Issue Size
₹15 Cr
Face Value
₹100
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
9.29 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 0.51 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
25 Mar 2026
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Issued by West Bengal, West Bengal 7.88% 25 Mar 2044 SDL is an SDL. It pays a 7.88% p.a. coupon, semi-annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about West Bengal 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
IN3420250455
Issue Date
25 Mar 2026
Maturity Date
25 Mar 2044
Listing
NSE
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
—
Day Count
30/360
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More Bonds from This Issuer

W
West Bengal 7.42% Nov 2026 SDL
IN3420160092
Coupon
7.42%
Maturity
09 Nov 2026
W
West Bengal 6.88% Nov 2026 SDL
IN3420160100
Coupon
6.88%
Maturity
23 Nov 2026
W
West Bengal 7.10% Dec 2026 SDL
IN3420160118
Coupon
7.10%
Maturity
14 Dec 2026
W
West Bengal 7.29% Dec 2026 SDL
IN3420160126
Coupon
7.29%
Maturity
28 Dec 2026
Compare (/) Compare Bonds

Comparable SDLs maturing near 2044

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 7.88%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
IN3620260031Uttarakhand—7.87%2044-05-27
IN1320260061Bihar—7.71%2044-07-22
IN4520250577Telangana—7.68%2044-12-03
IN2120260053Madhya Pradesh—7.61%2044-07-08
IN1020250396Andhra Pradesh—7.59%2044-12-03
IN1020240231Andhra Pradesh—7.38%2044-05-22

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