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West Bengal 8.15% 14 Oct 2044 SDL (IN3420260074)

Sovereign SDL

West Bengal

Taxable, Redeemable SDL

West Bengal 8.15% 14 Oct 2044 SDL (IN3420260074) has a coupon of 8.15%, paid semi-annually, and matures on 14 Oct 2044. It is a state government security (State Development Loan). It last traded on 9 Nov 2026 at ₹94.65 (clean), a yield to maturity of 8.74%.

281 more bonds from West Bengal →
Current YTM
8.74%
Market YTM
Coupon Rate
8.15%
Per annum
Maturity Date
14 Oct 2044
17.9 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond

Market Position

YTM (Annual)
8.74%
Last traded 9 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.23%
Reference point, not this bond's tenor
Spread over G-Sec
—
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
17.9 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.

Price data as a table: Recent Market Prices

Cashflow Timeline

14 Apr 2027
Interest Payment
₹4.08 / Bond
14 Oct 2027
Interest Payment
₹4.08 / Bond
14 Apr 2028
Interest Payment
₹4.08 / Bond
14 Oct 2028
Interest Payment
₹4.08 / Bond
14 Apr 2029
Interest Payment
₹4.08 / Bond
14 Oct 2029
Interest Payment
₹4.08 / Bond
14 Apr 2030
Interest Payment
₹4.08 / Bond
14 Oct 2030
Interest Payment
₹4.08 / Bond
…
+27 more coupons until 14 Apr 2044
₹4.08 each / Bond
14 Oct 2044
Final coupon + principal
₹104.08 / Bond
₹4.08 coupon + ₹100 face value

36 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)
13 Oct 2026 New issue 8.1500% 8.1295% 100.00 2,200 2,200

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 14 Oct 2026 Matures 14 Oct 2044

Key Metrics

Coupon Rate
8.15%
YTM (Annual)
8.74%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
17.9 Years
Advanced metrics
Modified Duration
9.04 Yrs
Macaulay Duration
9.43 Yrs
Issue Size
₹22 Cr
Face Value
₹100
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
9.04 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
9 Nov 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 0.78 percentage points above the median for tracked SDL bonds. (based on 5,275 tracked SDL bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Issuer
Instrument Type
SDL
Issue Date
14 Oct 2026
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

West Bengal issued West Bengal 8.15% 14 Oct 2044 SDL, an SDL. It pays an 8.15% 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.

Recent Market Prices

Recent exchange trades for IN3420260074: trade date, clean price, YTM, and the quantity traded or the number of trades
Trade DateClean PriceYTM (%)Traded
9 Nov 2026 94.6540 8.7448 100 units

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 0 — —
Secondary-Market Trades 1 NSE 9 Nov 2026
Reg52(4) Payment Disclosures 0 — —

Documents

No source documents linked for this security yet.

Entity metadata
Source
RBI (DBIE)
Last Updated
8 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)
₹94.65
YTM8.74%
Trade Date 9 Nov 2026 2d ago
SourceNSE
Accrued interest (est.)₹0.63
Dirty price (est.)₹95.29
Calculate YTM for this bond
Bond Snapshot
ISIN
IN3420260074
Issue Date
14 Oct 2026
Maturity Date
14 Oct 2044
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 West Bengal 8.15% 14 Oct 2044 SDL?

West Bengal 8.15% 14 Oct 2044 SDL carries a coupon of 8.15%, paid semi annual, on a face value of ₹100.

When does West Bengal 8.15% 14 Oct 2044 SDL mature?

West Bengal 8.15% 14 Oct 2044 SDL matures on 14 Oct 2044, 17.9 years from today.

Where does West Bengal 8.15% 14 Oct 2044 SDL trade?

West Bengal 8.15% 14 Oct 2044 SDL is listed on NSE.

What yield does West Bengal 8.15% 14 Oct 2044 SDL currently offer?

The last recorded trade on 9 Nov 2026 priced West Bengal 8.15% 14 Oct 2044 SDL at ₹94.65 per bond, implying a yield to maturity of 8.74%.

More Bonds from This Issuer

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West Bengal 7.07% Jul 2031 SDL
IN3420260017
Coupon
7.07%
Maturity
8 Jul 2031
W
West Bengal 7.02% Jul 2031 SDL
IN3420210061
Coupon
7.02%
Maturity
14 Jul 2031
W
West Bengal 7.82% Jul 2032 SDL
IN3420220045
Coupon
7.82%
Maturity
6 Jul 2032
W
West Bengal 7.64% Dec 2032 SDL
IN3420220177
Coupon
7.64%
Maturity
21 Dec 2032
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 8.15%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
IN3620260031Uttarakhand—7.87%27 May 2044
IN1320260061Bihar—7.71%22 Jul 2044
IN4520250577Telangana—7.68%3 Dec 2044
IN2120260053Madhya Pradesh—7.61%8 Jul 2044
IN1020250396Andhra Pradesh—7.59%3 Dec 2044
IN2020250220Kerala—7.56%31 Dec 2044

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