S

Small Industries Development… 7.34% Feb 2029 NCD

AAA Unsecured NCD

Small Industries Development Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.42%
Market YTM
Coupon Rate
7.34%
Per annum
Maturity Date
26 Feb 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.42%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+111 bps
vs 2.5Y G-Sec at 6.31%
Below the median spread for similar-tenor peers
Tenure
2.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-08-17
Cashflow Timeline
26 Sep 2026
Interest Payment
₹7,340.00 / Bond
26 Sep 2027
Interest Payment
₹7,340.00 / Bond
26 Sep 2028
Interest Payment
₹7,340.00 / Bond
26 Feb 2029
Principal Payment
₹100,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2024-09-26 Matures 2029-02-26
Key Metrics
Coupon Rate
7.34%
YTM (Annual)
7.42%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.13 Yrs
Macaulay Duration
2.29 Yrs
Issue Size
₹8,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.13 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-17
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.66 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
2024-09-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.34% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS. SERIES III DATE OF MATURITY 26/02/2029. is a rated, redeemable ncd issued by Small Industries Development Bank of India. The bond offers a fixed coupon of 7.34% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 99.8308 7.4200 None
2026-08-12 99.9600 7.3600 None
2026-07-17 99.7404 7.4510 None
2026-07-01 100.2848 7.2270 None
2026-06-30 100.2361 7.2320 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2024-09-17
Rating Actions History 0
Secondary-Market Trades 5 NSE OTC (WAP) 2026-08-17
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 Small Industries Development… 7.34% Feb 2029 NCD?

Small Industries Development… 7.34% Feb 2029 NCD carries a coupon of 7.34%, paid annual, on a face value of ₹100,000.

When does Small Industries Development… 7.34% Feb 2029 NCD mature?

Small Industries Development… 7.34% Feb 2029 NCD matures on 2029-02-26, 2.5 years from today.

What is Small Industries Development… 7.34% Feb 2029 NCD rated?

Small Industries Development… 7.34% Feb 2029 NCD is rated AAA by CRISIL. As of 2024-09-17.

Is Small Industries Development… 7.34% Feb 2029 NCD secured?

Small Industries Development… 7.34% Feb 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Small Industries Development… 7.34% Feb 2029 NCD currently offer?

The last recorded trade on 2026-08-17 priced Small Industries Development… 7.34% Feb 2029 NCD at ₹99.83, implying a yield to maturity of 7.42%.

More Bonds from This Issuer
7
Small Industries Developme… 7.43% Aug 2026 NCD
AAA
Coupon
7.43%
Maturity
31 Aug 2026
7
Small Industries Developme… 7.44% Sep 2026 NCD
AAA
Coupon
7.44%
Maturity
04 Sep 2026
7
Small Industries Developme… 7.55% Sep 2026 NCD
AAA
Coupon
7.55%
Maturity
22 Sep 2026
7
Small Industries Developme… 7.79% Apr 2027 NCD
AAA
Coupon
7.79%
Maturity
19 Apr 2027
Compare (/) Compare Bonds

← Back to screener