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B

Bharat Sanchar Nigam 7.72% Dec 2032 NCD (INE103D08039)

India Ratings AAA · NSDL record, 2022 Unsecured NCD

Bharat Sanchar Nigam Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2032

4 more bonds from Bharat Sanchar Nigam Limited →
Current YTM
8.45%
Market YTM
Coupon Rate
7.72%
Per annum
Maturity Date
22 Dec 2032
6.1 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
8.45%
Last traded 28 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+116 bps
vs 6.1Y G-Sec at 7.29%
Below the median spread for similar-tenor peers
Tenure
6.1 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
23 Oct 202628 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

22 Dec 2026
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Jun 2027
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Dec 2027
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Jun 2028
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Dec 2028
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Jun 2029
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Dec 2029
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
22 Jun 2030
Interest Payment
₹38,600.00 / Bond
₹34,740.00 net of 10% TDS (est.)
…
+4 more coupons until 22 Jun 2032
₹38,600.00 each / Bond
22 Dec 2032
Final coupon + principal
₹10,38,600.00 / Bond
₹38,600.00 coupon + ₹10,00,000 face value

13 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 22 Dec 2022 Matures 22 Dec 2032

Key Metrics

Coupon Rate
7.72%
YTM (Annual)
8.45%
Credit Rating
AAA
Rating on NSDL record (India Ratings, 2022)
Not a current agency rating; see below
Remaining Tenure
6.1 Years

AAA (India Ratings): Rating on NSDL record (India Ratings, 2022), dated 15 Dec 2022. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
4.63 Yrs
Macaulay Duration
4.82 Yrs
Issue Size
₹4,185 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
4.63 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
28 Oct 2026
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.48 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
22 Dec 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Bharat Sanchar Nigam 7.72% Dec 2032 NCD is an unsecured NCD issued by Bharat Sanchar Nigam Limited. It pays a 7.72% p.a. coupon, semi-annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Bharat Sanchar Nigam Limited 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 INE103D08039: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-28 97.4500 8.4538 —
2026-10-27 97.4200 8.4228 —
2026-10-23 97.0726 8.5000 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings (NSDL record) 2022-12-15
Rating Actions History 0 — —
Secondary-Market Trades 3 NSE OTC (WAP) 2026-10-28
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹9,74,500.00
YTM8.45%
Trade Date 28 Oct 2026 11d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹29,530.05
Dirty price (est.)₹10,04,030.05
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE103D08039
Issue Date
22 Dec 2022
Maturity Date
22 Dec 2032
Listing
—
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Bharat Sanchar Nigam 7.72% Dec 2032 NCD?

Bharat Sanchar Nigam 7.72% Dec 2032 NCD carries a coupon of 7.72%, paid semi annual, on a face value of ₹10,00,000.

When does Bharat Sanchar Nigam 7.72% Dec 2032 NCD mature?

Bharat Sanchar Nigam 7.72% Dec 2032 NCD matures on 22 Dec 2032, 6.1 years from today.

What is Bharat Sanchar Nigam 7.72% Dec 2032 NCD rated?

No current rating from an agency or exchange is on file for Bharat Sanchar Nigam 7.72% Dec 2032 NCD. NSDL's debt master records a rating of AAA by India Ratings, dated 15 Dec 2022, often from the time of issue, so it may be out of date.

Is Bharat Sanchar Nigam 7.72% Dec 2032 NCD secured?

Bharat Sanchar Nigam 7.72% Dec 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Bharat Sanchar Nigam 7.72% Dec 2032 NCD currently offer?

The last recorded trade on 28 Oct 2026 priced Bharat Sanchar Nigam 7.72% Dec 2032 NCD at ₹9,74,500.00 per bond, implying a yield to maturity of 8.45%.

More Bonds from This Issuer

B
Bharat Sanchar Nigam 6.79% Sep 2030 NCD
INE103D08021
AAA
Coupon
6.79%
Maturity
23 Sep 2030
B
Bharat Sanchar Nigam 7.55% Mar 2034 NCD
INE103D08047
AAA NSDL record, 2024
Coupon
7.55%
Maturity
20 Mar 2034
B
Bharat Sanchar Nigam 7.51% Mar 2034 NCD
INE103D08054
AAA NSDL record, 2024
Coupon
7.51%
Maturity
20 Mar 2034
B
Bharat Sanchar Nigam 7.51% Mar 2034 NCD
INE103D08062
AAA NSDL record, 2024
Coupon
7.51%
Maturity
26 Mar 2034
Compare (/) Compare Bonds

Comparable NCDs maturing near 2032

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 7.72%. For comparison only, not a recommendation.

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INE040A08AF2HDFC Bank LimitedAAA NSDL record, 20237.75%2033-06-13
INE053F08346Indian Railway Finance Corporation LimitedAAA7.67%2033-12-15
INE134E08MH6Power Finance Corporation LimitedAAA7.66%2033-04-15
INE053F08221Indian Railway Finance Corporation LimitedAAA7.65%2032-12-30
INE306N07MQ4Tata Capital LimitedAAA NSDL record, 20227.65%2032-04-29
INE242A08528Indian Oil Corporation LimitedAAA7.79%2032-04-12

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