S

State Bank Of India 7.98% Dec 2999 NCD

AA Unsecured NCD

State Bank Of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
7.65%
Market YTM
Coupon Rate
7.98%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
7.65%
Live, last traded 2026-09-16
10Y G-Sec Benchmark
6.89%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean)
2026-08-25 2026-09-16
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
7.98%
YTM (Annual)
7.65%
Credit Rating
AA
(CRISIL)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹5,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-09-16
NSE OTC (WAP)
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.02 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
2024-10-24
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by State Bank Of India, SBI-7.98%-PERPETUAL-PVT is a rated, ncd paying a 7.98% p.a. coupon annual. The instrument has no fixed maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-24 CRISIL Initial AA+ Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-09-16 101.8899 7.6542 None
2026-09-15 101.4635 7.7200 None
2026-09-11 102.2500 7.6240 None
2026-09-10 101.4622 7.7200 None
2026-09-09 102.3000 7.5800 1
2026-09-08 101.2838 7.7500 None
2026-08-27 101.7000 — 1
2026-08-26 101.5783 7.7000 None
2026-08-25 101.5783 7.7000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-07-24
Rating Actions History 1 — 2026-07-24
Secondary-Market Trades 9 NSE OTC (WAP) 2026-09-16
Reg52(4) Payment Disclosures 0 — —
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 7.98% Dec 2999 NCD?

State Bank Of India 7.98% Dec 2999 NCD carries a coupon of 7.98%, paid annual, on a face value of ₹10,000,000.

When does State Bank Of India 7.98% Dec 2999 NCD mature?

State Bank Of India 7.98% Dec 2999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date.

What is State Bank Of India 7.98% Dec 2999 NCD rated?

State Bank Of India 7.98% Dec 2999 NCD is rated AA by CRISIL and AA+ by CARE. As of 2026-07-24.

Is State Bank Of India 7.98% Dec 2999 NCD secured?

State Bank Of India 7.98% Dec 2999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does State Bank Of India 7.98% Dec 2999 NCD trade?

State Bank Of India 7.98% Dec 2999 NCD is listed on BSE.

What yield does State Bank Of India 7.98% Dec 2999 NCD currently offer?

The last recorded trade on 2026-09-16 priced State Bank Of India 7.98% Dec 2999 NCD at ₹101.89, implying a yield to maturity of 7.65%.

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