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 7.04% Feb 2029 NCD (INE556F08LB2)

CRISIL AAA · NSDL record, 2025 Unsecured NCD

Small Industries Development Bank of India

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2029

24 more bonds from Small Industries Development Bank of India →
Current YTM
8.30%
Market YTM
Coupon Rate
7.04%
Per annum
Maturity Date
09 Feb 2029
2.3 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)
8.30%
Last traded 30 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+133 bps
vs 2.3Y G-Sec at 6.97%
Below the median spread for similar-tenor peers
Tenure
2.3 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
22 Jul 202630 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

14 Jan 2027
Interest Payment
₹7,040.00 / Bond
₹6,336.00 net of 10% TDS (est.)
14 Jan 2028
Interest Payment
₹7,040.00 / Bond
₹6,336.00 net of 10% TDS (est.)
14 Jan 2029
Interest Payment
₹7,040.00 / Bond
₹6,336.00 net of 10% TDS (est.)
9 Feb 2029
Final coupon (part period) + principal
₹1,00,501.48 / Bond
₹501.48 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 14 Jan 2026 Matures 9 Feb 2029

Key Metrics

Coupon Rate
7.04%
YTM (Annual)
8.30%
Credit Rating
AAA
Rating on NSDL record (CRISIL, 2025)
Not a current agency rating; see below
Remaining Tenure
2.3 Years

AAA (CRISIL): Rating on NSDL record (CRISIL, 2025), dated 26 Dec 2025. 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 No current rating from an agency or exchange is on file, so it may be out of date.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
1.90 Yrs
Macaulay Duration
2.06 Yrs
Issue Size
₹6,000 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.90 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
30 Oct 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 3.16 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
14 Jan 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Small Industries Development Bank of India issued Small Industries Development Bank of India 7.04% Feb 2029 NCD, an unsecured NCD. It pays a 7.04% p.a. coupon, annually. Principal is repaid at maturity.

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 INE556F08LB2: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-30 97.4008 8.3000 —
2026-09-21 98.3844 7.7700 —
2026-09-04 99.5400 8.2200 1
2026-08-27 98.6421 7.6300 —
2026-08-26 98.7162 7.5950 —
2026-08-25 98.7162 7.5950 —
2026-08-24 98.7244 7.5850 —
2026-08-19 99.1096 7.4100 —
2026-07-30 99.0496 7.4300 —
2026-07-22 99.5400 7.2100 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2025-12-26
Rating Actions History 2 — 2026-10-06
Secondary-Market Trades 10 NSE OTC (WAP) 2026-10-30
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)
₹97,400.80
YTM8.30%
Trade Date 30 Oct 2026 9d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹5,265.53
Dirty price (est.)₹1,02,666.33
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE556F08LB2
Issue Date
14 Jan 2026
Maturity Date
9 Feb 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 7.04% Feb 2029 NCD?

Small Industries Development Bank of India 7.04% Feb 2029 NCD carries a coupon of 7.04%, paid annual, on a face value of ₹1,00,000.

When does Small Industries Development Bank of India 7.04% Feb 2029 NCD mature?

Small Industries Development Bank of India 7.04% Feb 2029 NCD matures on 9 Feb 2029, 2.3 years from today.

What is Small Industries Development Bank of India 7.04% Feb 2029 NCD rated?

No current rating from an agency or exchange is on file for Small Industries Development Bank of India 7.04% Feb 2029 NCD. NSDL's debt master records a rating of AAA by CRISIL, dated 26 Dec 2025, often from the time of issue, so it may be out of date.

Is Small Industries Development Bank of India 7.04% Feb 2029 NCD secured?

Small Industries Development Bank of India 7.04% Feb 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Small Industries Development Bank of India 7.04% Feb 2029 NCD currently offer?

The last recorded trade on 30 Oct 2026 priced Small Industries Development Bank of India 7.04% Feb 2029 NCD at ₹97,400.80 per bond, implying a yield to maturity of 8.30%.

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 7.04%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE916DA7TB2Kotak Mahindra Prime LimitedAAA7.05%2028-04-10
INE660A07SA2Sundaram Finance LimitedAAA NSDL record, 20257.05%2028-10-11
INE296A07TN6Bajaj Finance LimitedAAA7.07%2028-09-21
INE261F08ES8National Bank for Agriculture and Rural DevelopmentAAA7.01%2029-03-16
INE282H07026Jio Credit LimitedAAA7.08%2028-05-26
INE916DA7TG1Kotak Mahindra Prime LimitedAAA7.09%2028-08-21

← Back to screener