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State Bank of India 7.42% Aug 2039 NCD (INE062A08447)

ICRA AAA Unsecured NCD

State Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

State Bank of India 7.42% Aug 2039 NCD (INE062A08447), issued by State Bank of India, has a coupon of 7.42%, paid annually, and matures on 29 Aug 2039. It is rated AAA by ICRA (latest rating dated 30 Sep 2024). It last traded on 13 Oct 2026 at ₹1,00,30,000.00 (clean), a yield to maturity of 7.36%.

Browse: AAA rated bonds · bonds maturing in 2039

38 more bonds from State Bank of India →

Current YTM

7.36%

Market YTM

Coupon Rate

7.42%

Per annum

Maturity Date

29 Aug 2039

12.8 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,00,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

26 Oct 2026 Interest payment notice Disclosure under Regulation 57 of SEBI LODR Regulations 2015 regarding payment of annual interest for bond series bearing ISIN INE062A08462
25 Sep 2026 Interest payment notice Revision of interest payment date
21 Sep 2026 Interest payment notice Confirmation regarding payment of annual interest for bond series INE062A08454
9 Sep 2026 Interest payment notice Disclosure under Regulation 57 regarding payment of annual interest for ISIN INE062A08314
4 Sep 2026 Interest payment notice Disclosure regarding payment of Bond proceeds (Principal and interest) for bond series INE062A08280

Market Position

YTM (Annual)

7.36%

Last traded 13 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.23%

Reference point, not this bond's tenor

Spread over G-Sec

+3 bps

vs 12.8Y G-Sec at 7.33%

Below the median spread for similar-tenor peers

Tenure

12.8 Years

Remaining to maturity

Price vs Yield

— Price (Clean)

28 Sep 202613 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

29 Aug 2027

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2028

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2029

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2030

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2031

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2032

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2033

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

29 Aug 2034

Interest Payment

₹7,42,000.00 / Bond

₹6,67,800.00 net of 10% TDS (est.)

…

+4 more coupons until 29 Aug 2038

₹7,42,000.00 each / Bond

29 Aug 2039

Final coupon + principal

₹1,07,42,000.00 / Bond

₹7,42,000.00 coupon + ₹1,00,00,000 face value

13 coupons remaining, the last paid with principal at maturity · per ₹1,00,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Payment Disclosures (SEBI Reg52(4))

1 disclosed

Due Date	Type	Amount Due	Amount Paid	Status	Filing
2026-08-29	Interest	₹5,56,50,00,000.00	₹5,56,50,00,000.00	Paid	XBRL →
	Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate

7.42%

YTM (Annual)

7.36%

Credit Rating

AAA

(ICRA) · rated 30 Sep 2024, 2 years ago

Over 15 months old; see below

Remaining Tenure

12.8 Years

AAA (ICRA): Rated 30 Sep 2024 (2 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

7.99 Yrs

Macaulay Duration

8.58 Yrs

Issue Size

₹7,500 Cr

Minimum Investment

₹1,00,00,000

1 bond × ₹1,00,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

7.99 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

13 Oct 2026

NSE OTC (WAP)

Trades (30 Days)

2

Exchange-reported sessions

Security Status

Unsecured

No call option

Observations

This bond is unsecured.
2 secondary-market trades recorded in the last 30 days.
Coupon is 2.83 percentage points below the median for tracked NCD bonds. (based on 20,690 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026

Issuer

State Bank of India

Instrument Type

NCD

Issue Date

29 Aug 2024

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Issued by State Bank of India, State Bank of India 7.42% Aug 2039 NCD is an unsecured, rated NCD. It pays a 7.42% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

Date	Agency	Rating	Outlook	Status	Source
30 Sep 2024	ICRA	AAA	—	Latest	BSE listing
2024	India Ratings	AAA	—	NSDL record, 2024	NSDL debt master

Rating Action History

1 actions

Agency actions on State Bank of India and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-07-24	CRISIL	Initial	AA+	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on State Bank of India

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-07-24	CRISIL	Initial	AA+ / Stable	View →

Alert me about State Bank of India 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 INE062A08447: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-13	100.3000	7.3575	4
2026-10-12	96.0900	—	4
2026-09-29	98.4200	7.6800	1
2026-09-28	97.9894	7.7600	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	2	ICRA, India Ratings	2024-09-30
Rating Actions History	1	—	2026-07-24
Secondary-Market Trades	4	NSE OTC (WAP)	2026-10-13
Reg52(4) Payment Disclosures	1	NSE	2026-08-29

Documents

Entity metadata

Source: BSE
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.

₹1,00,30,000.00

YTM7.36%

Trade Date 13 Oct 2026 27d ago

SourceNSE OTC (WAP)

Accrued interest (est.)₹1,48,400.00

Dirty price (est.)₹1,01,78,400.00

View on BSE → Calculate YTM for this bond State Bank of India bond interest rates by maturity

Frequently Asked Questions

What is the coupon rate on State Bank of India 7.42% Aug 2039 NCD?

State Bank of India 7.42% Aug 2039 NCD carries a coupon of 7.42%, paid annual, on a face value of ₹1,00,00,000.

When does State Bank of India 7.42% Aug 2039 NCD mature?

State Bank of India 7.42% Aug 2039 NCD matures on 29 Aug 2039, 12.8 years from today.

What is State Bank of India 7.42% Aug 2039 NCD rated?

State Bank of India 7.42% Aug 2039 NCD is rated AAA by ICRA (rating dated 30 Sep 2024).

Is State Bank of India 7.42% Aug 2039 NCD secured?

State Bank of India 7.42% Aug 2039 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does State Bank of India 7.42% Aug 2039 NCD trade?

State Bank of India 7.42% Aug 2039 NCD is listed on BSE.

What yield does State Bank of India 7.42% Aug 2039 NCD currently offer?

The last recorded trade on 13 Oct 2026 priced State Bank of India 7.42% Aug 2039 NCD at ₹1,00,30,000.00 per bond, implying a yield to maturity of 7.36%.

More Bonds from This Issuer

S

State Bank of India 8.90% Nov 2028 NCD

INE062A08165

AAA NSDL record, 2018

Coupon

8.90%

Maturity

02 Nov 2028

View Details

S

State Bank of India 7.99% Jun 2029 NCD

INE062A08207

AAA

Coupon

7.99%

Maturity

28 Jun 2029

View Details

S

State Bank of India 6.24% Sep 2030 NCD

INE062A08256

AAA

Coupon

6.24%

Maturity

21 Sep 2030

View Details

S

State Bank of India 5.83% Oct 2030 NCD

INE062A08264

AAA

Coupon

5.83%

Maturity

26 Oct 2030

View Details

All 39 State Bank of India bonds →

Compare (/) Compare Bonds

Comparable NCDs maturing near 2039

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 7.42%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE787H08113	India Infrastructure Finance Company Limited	AAA	7.41%	2039-06-26
INE0KUG08027	National Bank for Financing Infrastructure and Development	AAA	7.65%	2038-12-22
INE020B08FS4	REC Limited	AAA	7.02%	2040-04-30
INE028A08364	Bank of Baroda	AAA	7.41%	2039-11-28
INE160A08316	Punjab National Bank	AAA	7.43%	2039-12-23
INE787H08121	India Infrastructure Finance Company Limited	AAA	7.39%	2039-08-01

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