S

State Bank Of India 7.81% Nov 2038 NCD

AAA Unsecured NCD

State Bank Of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2038

Current YTM
—
No live YTM available
Coupon Rate
7.81%
Per annum
Maturity Date
02 Nov 2038
12.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.81%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.89%
Reference point, not this bond's tenor
Spread over G-Sec
+91 bps
vs 12.1Y G-Sec at 6.90% *
Below the median spread for similar-tenor peers
Tenure
12.1 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.
Cashflow Timeline
2 Nov 2026
Interest Payment
₹781,000.00 / Bond
2 Nov 2027
Interest Payment
₹781,000.00 / Bond
2 Nov 2028
Interest Payment
₹781,000.00 / Bond
2 Nov 2029
Interest Payment
₹781,000.00 / Bond
2 Nov 2030
Interest Payment
₹781,000.00 / Bond
2 Nov 2031
Interest Payment
₹781,000.00 / Bond
2 Nov 2032
Interest Payment
₹781,000.00 / Bond
2 Nov 2033
Interest Payment
₹781,000.00 / Bond
2 Nov 2038
Principal Payment
₹10,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AA+ by CRISIL on 2026-07-24 Issued 2023-11-02 Matures 2038-11-02

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.81%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL)
Remaining Tenure
12.1 Years
Advanced metrics
Modified Duration
7.15 Yrs
Macaulay Duration
7.71 Yrs
Issue Size
₹10,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
7.15 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.19 percentage points below the median for tracked NCD bonds. (based on 20535 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 25 Sep 2026
Instrument Type
NCD
Issue Date
2023-11-02
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by State Bank Of India, SBI-7.81%-2-11-38-PVT is a rated, ncd paying a 7.81% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-24 CRISIL Initial AA+ Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2026-07-24
Rating Actions History 1 — 2026-07-24
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
bse_bonds
Last Updated
25 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 State Bank Of India 7.81% Nov 2038 NCD?

State Bank Of India 7.81% Nov 2038 NCD carries a coupon of 7.81%, paid annual, on a face value of ₹10,000,000.

When does State Bank Of India 7.81% Nov 2038 NCD mature?

State Bank Of India 7.81% Nov 2038 NCD matures on 2038-11-02, 12.1 years from today.

What is State Bank Of India 7.81% Nov 2038 NCD rated?

State Bank Of India 7.81% Nov 2038 NCD is rated AAA by CRISIL and AAA by INDIA_RATINGS. As of 2026-07-24.

Is State Bank Of India 7.81% Nov 2038 NCD secured?

State Bank Of India 7.81% Nov 2038 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does State Bank Of India 7.81% Nov 2038 NCD trade?

State Bank Of India 7.81% Nov 2038 NCD is listed on BSE.

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