S

Small Industries Development… 7.44% Apr 2028 NCD

AAA Unsecured NCD

Small Industries Development Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.47%
Market YTM
Coupon Rate
7.44%
Per annum
Maturity Date
10 Apr 2028
1.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.47%
Live, last traded 2026-07-31
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+186 bps
vs 1.6Y G-Sec at 5.61%
Below the median spread for similar-tenor peers
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-25 2026-07-31
Cashflow Timeline
24 Oct 2026
Interest Payment
₹7,440.00 / Bond
24 Oct 2027
Interest Payment
₹7,440.00 / Bond
10 Apr 2028
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2024-10-24 Matures 2028-04-10
Key Metrics
Coupon Rate
7.44%
YTM (Annual)
7.47%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.44 Yrs
Macaulay Duration
1.55 Yrs
Issue Size
₹5,922 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
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 2.56 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
2024-10-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Small Industries Development Bank of India issued this rated, ncd (7.44% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS SERIES IV DATE OF MATURITY 10/04/2028.) carrying a 7.44% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-31 99.9576 7.4700 None
2026-07-30 99.9716 7.4600 None
2026-07-27 100.0318 7.4200 None
2026-06-25 100.0887 7.3800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2024-10-16
Rating Actions History 0
Secondary-Market Trades 4 NSE OTC (WAP) 2026-07-31
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… 7.44% Apr 2028 NCD?

Small Industries Development… 7.44% Apr 2028 NCD carries a coupon of 7.44%, paid annual, on a face value of ₹100,000.

When does Small Industries Development… 7.44% Apr 2028 NCD mature?

Small Industries Development… 7.44% Apr 2028 NCD matures on 2028-04-10, 1.6 years from today.

What is Small Industries Development… 7.44% Apr 2028 NCD rated?

Small Industries Development… 7.44% Apr 2028 NCD is rated AAA by CRISIL. As of 2024-10-16.

Is Small Industries Development… 7.44% Apr 2028 NCD secured?

Small Industries Development… 7.44% Apr 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Small Industries Development… 7.44% Apr 2028 NCD currently offer?

The last recorded trade on 2026-07-31 priced Small Industries Development… 7.44% Apr 2028 NCD at ₹99.96, implying a yield to maturity of 7.47%.

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
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