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Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD

AA+ Secured NCD

Andhra Pradesh State Beverages Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
9.65%
Market YTM
Coupon Rate
9.62%
Per annum
Maturity Date
30 Nov 2028
2.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
9.65%
Live, last traded 2026-07-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+528 bps
vs 2.3Y G-Sec at 4.37%
Top 18% of similar-tenor peers by spread
Tenure
2.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-07-27
Cashflow Timeline
21 Sep 2026
Interest Payment
₹24,050.00 / Bond
21 Dec 2026
Interest Payment
₹24,050.00 / Bond
21 Mar 2027
Interest Payment
₹24,050.00 / Bond
21 Jun 2027
Interest Payment
₹24,050.00 / Bond
21 Sep 2027
Interest Payment
₹24,050.00 / Bond
21 Dec 2027
Interest Payment
₹24,050.00 / Bond
21 Mar 2028
Interest Payment
₹24,050.00 / Bond
21 Jun 2028
Interest Payment
₹24,050.00 / Bond
30 Nov 2028
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-12-21 Matures 2028-11-30
Key Metrics
Coupon Rate
9.62%
YTM (Annual)
9.65%
Credit Rating
AA+
(ACUITE)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
2.00 Yrs
Macaulay Duration
2.05 Yrs
Issue Size
₹170 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.00 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-07-27
BSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.38 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2022-12-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Andhra Pradesh State Beverages Corporation Limited issued this secured, rated, ncd (9.62% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES II 2022-23 SUB SERIES F DATE OF MATURITY 30/11/2028.) carrying a 9.62% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-27 100.5000 9.6500 1
2026-07-22 101.9600 8.8000 1
2026-07-13 101.5600 9.0500 1
2026-07-10 100.0500 9.9400 1
2026-07-09 101.3000 9.2000 1
2026-07-03 100.2700 9.8000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2022-11-04
Rating Actions History 0
Secondary-Market Trades 6 BSE 2026-07-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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% Nov 2028 NCD?

Andhra Pradesh State Beverag… 9.62% Nov 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% Nov 2028 NCD mature?

Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD matures on 2028-11-30, 2.3 years from today.

What is Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD rated?

Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD is rated AA+ by ACUITE. As of 2022-11-04.

Is Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD secured?

Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD is a secured bond.

What yield does Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD currently offer?

The last recorded trade on 2026-07-27 priced Andhra Pradesh State Beverag… 9.62% Nov 2028 NCD at ₹100.50, implying a yield to maturity of 9.65%.

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