A

Andhra Pradesh State Beverag… 9.15% 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
8.64%
Market YTM
Coupon Rate
9.15%
Per annum
Maturity Date
30 Nov 2028
2.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.64%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+427 bps
vs 2.3Y G-Sec at 4.37%
Above the median spread for similar-tenor peers
Tenure
2.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-06 2026-08-26
Cashflow Timeline
16 Sep 2026
Interest Payment
₹2,287.50 / Bond
16 Dec 2026
Interest Payment
₹2,287.50 / Bond
16 Mar 2027
Interest Payment
₹2,287.50 / Bond
16 Jun 2027
Interest Payment
₹2,287.50 / Bond
16 Sep 2027
Interest Payment
₹2,287.50 / Bond
16 Dec 2027
Interest Payment
₹2,287.50 / Bond
16 Mar 2028
Interest Payment
₹2,287.50 / Bond
16 Jun 2028
Interest Payment
₹2,287.50 / Bond
30 Nov 2028
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-12-16 Matures 2028-11-30
Key Metrics
Coupon Rate
9.15%
YTM (Annual)
8.64%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
2.02 Yrs
Macaulay Duration
2.06 Yrs
Issue Size
₹549 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.02 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-26
NSE CM
Trades (30 Days)
15
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 15 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.85 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2025-12-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Andhra Pradesh State Beverages Corporation Limited, 9.15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES IV 2025-26 STRIPP C DATE OF MATURITY 30/11/2028 is a secured, rated, ncd paying a 9.15% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 101.0000 8.6417 None
2026-08-24 101.6300 8.5494 2
2026-08-20 101.4882 8.5419 2
2026-08-17 100.8000 8.7446 1
2026-08-14 103.4200 7.4902 None
2026-08-13 101.4125 8.6000 2
2026-08-12 102.2914 8.5702 None
2026-08-11 103.2200 8.5634 None
2026-08-07 103.3461 7.5377 2
2026-08-06 103.2387 7.5898 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-26
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… 9.15% Nov 2028 NCD?

Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD carries a coupon of 9.15%, paid quarterly, on a face value of ₹100,000.

When does Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD mature?

Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD matures on 2028-11-30, 2.3 years from today.

What is Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD rated?

Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD is rated AA by INDIA_RATINGS and AA by ACUITE. As of 2025-06-26.

Is Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD secured?

Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD is a secured bond.

What yield does Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD currently offer?

The last recorded trade on 2026-08-26 priced Andhra Pradesh State Beverag… 9.15% Nov 2028 NCD at ₹101.00, implying a yield to maturity of 8.64%.

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
AA
Coupon
9.15%
Maturity
18 Dec 2026
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
Compare (/) Compare Bonds

← Back to screener