A

ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD

AA / Stable Secured NCD

Andhra Pradesh State Beverages Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
8.40%
Market YTM
Coupon Rate
9.62%
Per annum
Maturity Date
31 May 2028
1.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.40%
Live, last traded 2026-08-18
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+315 bps
vs 1.8Y G-Sec at 5.25%
Below the median spread for similar-tenor peers
Tenure
1.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-18
Cashflow Timeline
14 Sep 2026
Interest Payment
₹24,050.00 / Bond
14 Dec 2026
Interest Payment
₹24,050.00 / Bond
14 Mar 2027
Interest Payment
₹24,050.00 / Bond
14 Jun 2027
Interest Payment
₹24,050.00 / Bond
14 Sep 2027
Interest Payment
₹24,050.00 / Bond
14 Dec 2027
Interest Payment
₹24,050.00 / Bond
14 Mar 2028
Interest Payment
₹24,050.00 / Bond
31 May 2028
Principal Payment
₹1,000,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-06-14 Matures 2028-05-31
Key Metrics
Coupon Rate
9.62%
YTM (Annual)
8.40%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.60 Yrs
Macaulay Duration
1.64 Yrs
Issue Size
₹830 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.60 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-18
BSE
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.38 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2022-06-14
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Andhra Pradesh State Beverages Corporation Limited issued this secured, rated, ncd (APSBCL-9.62%-31-5-28-PVT) carrying a 9.62% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-18 101.9200 8.4000 1
2026-08-13 101.7500 8.6000 2
2026-08-11 101.7000 8.6000 1
2026-08-06 101.6200 8.6700 1
2026-08-05 101.6900 8.6300 3
2026-07-30 101.3700 8.8900 4
2026-07-29 101.7900 8.5500 2
2026-07-28 101.4800 8.8000 1
2026-07-21 101.2000 9.0200 1
2026-07-10 100.9900 9.2000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, INDIA_RATINGS 2022-06-30
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-18
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD?

ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD carries a coupon of 9.62%, paid quarterly, on a face value of ₹1,000,000.

When does ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD mature?

ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD matures on 2028-05-31, 1.8 years from today.

What is ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD rated?

ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD is rated AA by INDIA_RATINGS and AA by ACUITE. As of 2022-06-30.

Is ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD secured?

ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD is a secured bond.

Where does ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD trade?

ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD is listed on BSE.

What yield does ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD currently offer?

The last recorded trade on 2026-08-18 priced ANDHRA PRADESH STATE BEVERAG… 9.62% May 2028 NCD at ₹101.92, implying a yield to maturity of 8.40%.

More Bonds from This Issuer
9
Andhra Pradesh State Bever… 9.62% Nov 2026 NCD
AA+
Coupon
9.62%
Maturity
30 Nov 2026
9
Andhra Pradesh State Bever… 9.15% Dec 2026 NCD
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Coupon
9.15%
Maturity
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A
Andhra Pradesh State Bever… 9.62% May 2027 NCD
AA
Coupon
9.62%
Maturity
31 May 2027
9
Andhra Pradesh State Bever… 9.62% Nov 2027 NCD
AA+
Coupon
9.62%
Maturity
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