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GAIL (India) 7.34% Dec 2027 NCD (INE129A08014)

India Ratings AAA · NSDL record, 2022 Unsecured NCD

GAIL (India) Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2027

Current YTM
8.00%
Market YTM
Coupon Rate
7.34%
Per annum
Maturity Date
20 Dec 2027
1.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
8.00%
Last traded 4 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+108 bps
vs 1.1Y G-Sec at 6.92%
Below the median spread for similar-tenor peers
Tenure
1.1 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

20 Dec 2026
Interest Payment
₹73,400.00 / Bond
₹66,060.00 net of 10% TDS (est.)
20 Dec 2027
Final coupon + principal
₹10,73,400.00 / Bond
₹73,400.00 coupon + ₹10,00,000 face value

2 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 20 Dec 2022 Matures 20 Dec 2027

Key Metrics

Coupon Rate
7.34%
YTM (Annual)
8.00%
Credit Rating
AAA
Rating on NSDL record (India Ratings, 2022)
Not a current agency rating; see below
Remaining Tenure
1.1 Years

AAA (India Ratings): Rating on NSDL record (India Ratings, 2022), dated 30 Nov 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 No current rating from an agency or exchange is on file, so it may be out of date.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
0.97 Yrs
Macaulay Duration
1.04 Yrs
Issue Size
₹1,575 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

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

Observations

  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.86 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
20 Dec 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Issued by GAIL (India) Limited, GAIL (India) 7.34% Dec 2027 NCD is an unsecured NCD. It pays a 7.34% p.a. coupon, annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about GAIL (India) 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 INE129A08014: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-04 99.2837 8.0000 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings (NSDL record) 2022-11-30
Rating Actions History 0 — —
Secondary-Market Trades 1 NSE OTC (WAP) 2026-11-04
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)
₹9,92,837.00
YTM8.00%
Trade Date 4 Nov 2026 4d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹65,155.07
Dirty price (est.)₹10,57,992.07
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE129A08014
Issue Date
20 Dec 2022
Maturity Date
20 Dec 2027
Listing
—
Payment Frequency
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 GAIL (India) 7.34% Dec 2027 NCD?

GAIL (India) 7.34% Dec 2027 NCD carries a coupon of 7.34%, paid annual, on a face value of ₹10,00,000.

When does GAIL (India) 7.34% Dec 2027 NCD mature?

GAIL (India) 7.34% Dec 2027 NCD matures on 20 Dec 2027, 1.1 years from today.

What is GAIL (India) 7.34% Dec 2027 NCD rated?

No current rating from an agency or exchange is on file for GAIL (India) 7.34% Dec 2027 NCD. NSDL's debt master records a rating of AAA by India Ratings, dated 30 Nov 2022, often from the time of issue, so it may be out of date.

Is GAIL (India) 7.34% Dec 2027 NCD secured?

GAIL (India) 7.34% Dec 2027 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does GAIL (India) 7.34% Dec 2027 NCD currently offer?

The last recorded trade on 4 Nov 2026 priced GAIL (India) 7.34% Dec 2027 NCD at ₹9,92,837.00 per bond, implying a yield to maturity of 8.00%.

Comparable NCDs maturing near 2027

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 7.34%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE481G08123Ultratech Cement LimitedAAA NSDL record, 20257.34%2028-03-03
INE403D08272Bharti Telecom LimitedAAA7.35%2027-10-15
INE121A07SP3Cholamandalam Investment and Finance Company LimitedAA+ NSDL record, 20257.36%2028-12-02
INE891K07AG7Axis Finance LimitedAAA7.37%2028-08-23
INE296A07TT3Bajaj Finance LimitedAAA7.31%2028-02-11
INE674K07036Aditya Birla Capital LimitedAAA7.38%2028-02-14

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