S

South Indian Bank 9.50% May 2028 NCD

A+ Unsecured NCD

South Indian Bank Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
9.50%
Per annum
Maturity Date
28 May 2028
1.8 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~9.50%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+425 bps
vs 1.8Y G-Sec at 5.25% *
Above the median spread for similar-tenor peers
Tenure
1.8 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.
Cashflow Timeline
28 Nov 2026
Interest Payment
₹4,750.00 / Bond
28 May 2027
Interest Payment
₹4,750.00 / Bond
28 Nov 2027
Interest Payment
₹4,750.00 / Bond
28 May 2028
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 2017-11-28 Matures 2028-05-28
Key Metrics
Coupon Rate
9.50%
YTM (Annual)
Credit Rating
A+
(INDIA_RATINGS)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.54 Yrs
Macaulay Duration
1.62 Yrs
Issue Size
₹490 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.54 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
No recorded trades
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 0.50 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2017-11-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by South Indian Bank Ltd., SIBL-9.50%-28-5-28-PVT is a rated, ncd paying a 9.50% p.a. coupon semi annual. The instrument repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2017-11-10
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on South Indian Bank 9.50% May 2028 NCD?

South Indian Bank 9.50% May 2028 NCD carries a coupon of 9.50%, paid semi annual, on a face value of ₹100,000.

When does South Indian Bank 9.50% May 2028 NCD mature?

South Indian Bank 9.50% May 2028 NCD matures on 2028-05-28, 1.8 years from today.

What is South Indian Bank 9.50% May 2028 NCD rated?

South Indian Bank 9.50% May 2028 NCD is rated A+ by INDIA_RATINGS. As of 2017-11-10.

Is South Indian Bank 9.50% May 2028 NCD secured?

South Indian Bank 9.50% May 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does South Indian Bank 9.50% May 2028 NCD trade?

South Indian Bank 9.50% May 2028 NCD is listed on BSE.

More Bonds from This Issuer
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Coupon
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Maturity
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Coupon
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Maturity
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