Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
S

Small Industries Development Bank of India 7.48% May 2029 NCD (INE556F08KV2)

CRISIL AAA Unsecured NCD

Small Industries Development Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

24 more bonds from Small Industries Development Bank of India →
Current YTM
—
No current market yield
Coupon Rate
7.48%
Per annum
Maturity Date
24 May 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 6 Oct 2026 New rating assigned to AAA CRISIL
  • 16 Sep 2026 New rating assigned to AAA CRISIL

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 3 Sep 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.5 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
27 Jul 20263 Sep 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

24 Dec 2026
Interest Payment
₹7,480.00 / Bond
₹6,732.00 net of 10% TDS (est.)
24 Dec 2027
Interest Payment
₹7,480.00 / Bond
₹6,732.00 net of 10% TDS (est.)
24 Dec 2028
Interest Payment
₹7,480.00 / Bond
₹6,732.00 net of 10% TDS (est.)
24 May 2029
Final coupon (part period) + principal
₹1,03,094.47 / Bond
₹3,094.47 coupon + ₹1,00,000 face value

4 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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 24 Dec 2024 Matures 24 May 2029

Key Metrics

Coupon Rate
7.48%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · seen 28 Jun 2026
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.17 Yrs
Macaulay Duration
2.33 Yrs
Issue Size
₹3,700 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
2.17 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
3 Sep 2026
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.72 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
24 Dec 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Small Industries Development Bank of India 7.48% May 2029 NCD is an unsecured, rated NCD issued by Small Industries Development Bank of India. It pays a 7.48% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
seen on 28 Jun 2026 CRISIL AAA — Latest NSE listing
2024 CARE AAA — NSDL record, 2024 NSDL debt master

Rating Action History

2 actions

Agency actions on Small Industries Development Bank of India and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-06 CRISIL Initial AAA Stable View →
2026-09-16 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Small Industries Development Bank of India

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-06 CRISIL Initial AAA / Stable View →
2026-09-16 CRISIL Initial AAA / Stable View →
Alert me about Small Industries Development Bank of India 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 INE556F08KV2: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-09-03 99.5932 7.6200 —
2026-09-02 99.4031 7.7133 —
2026-07-27 100.2150 7.3725 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-06-28
Rating Actions History 2 — 2026-10-06
Secondary-Market Trades 3 NSE OTC (WAP) 2026-09-03
Reg52(4) Payment Disclosures 0 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹99,593.20
YTM—
Trade Date 3 Sep 2026 66d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹3,463.34
Dirty price (est.)₹1,03,056.54
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE556F08KV2
Issue Date
24 Dec 2024
Maturity Date
24 May 2029
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

Frequently Asked Questions
What is the coupon rate on Small Industries Development Bank of India 7.48% May 2029 NCD?

Small Industries Development Bank of India 7.48% May 2029 NCD carries a coupon of 7.48%, paid annual, on a face value of ₹1,00,000.

When does Small Industries Development Bank of India 7.48% May 2029 NCD mature?

Small Industries Development Bank of India 7.48% May 2029 NCD matures on 24 May 2029, 2.5 years from today.

What is Small Industries Development Bank of India 7.48% May 2029 NCD rated?

Small Industries Development Bank of India 7.48% May 2029 NCD is rated AAA by CRISIL (rating dated 28 Jun 2026).

Is Small Industries Development Bank of India 7.48% May 2029 NCD secured?

Small Industries Development Bank of India 7.48% May 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer

S
Small Industries Development Bank of India 7.79% Apr 2027 NCD
INE556F08KK5
AAA NSDL record, 2023 Reg52 disclosed
Coupon
7.79%
Maturity
19 Apr 2027
S
Small Industries Development Bank of India 7.79% May 2027 NCD
INE556F08KM1
AAA NSDL record, 2023
Coupon
7.79%
Maturity
14 May 2027
S
Small Industries Development Bank of India 7.75% Jun 2027 NCD
INE556F08KN9
AAA NSDL record, 2023
Coupon
7.75%
Maturity
10 Jun 2027
S
Small Industries Development Bank of India 7.68% Jul 2027 NCD
INE556F08KO7
AAA NSDL record, 2024
Coupon
7.68%
Maturity
09 Jul 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 7.48%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F07BU3Indian Railway Finance Corporation LimitedAAA7.48%2029-08-13
INE261F08EO7National Bank for Agriculture and Rural DevelopmentAAA7.48%2028-09-15
INE053F07BW9Indian Railway Finance Corporation LimitedAAA7.50%2029-09-09
INE020B08EK4REC LimitedAAA7.46%2028-06-30
INE134E08NP7Power Finance Corporation LimitedAAA7.45%2028-07-15
INE403D08280Bharti Telecom LimitedAAA7.45%2028-12-15

← Back to screener