Home / Bonds / 7.82% Gujarat SDL 2034
SDL Secured

7.82% Gujarat SDL 2034

Government of Gujarat

ISIN: IN1120240015 · NSE/BSE

Sovereign

RBI

Coupon Rate

7.82%

Semi annual

Yield (YTM)

7.68%

Yield to Maturity

Current Price

₹1,010.4

Face ₹100

Maturity Date

09 Jan 2034

5+ yrs

Updated: 13 Jul 2026 05:00 IST

TopFund Analysis

At 7.68% yield to maturity, this bond is roughly in line with the 4 other SDL bonds in the 5+ yrs maturity bracket, which average 7.6%. As a sovereign-backed instrument issued by Government of Gujarat, this bond carries the government's own credit risk rather than a corporate default risk — its main price sensitivity going forward is interest-rate risk over its remaining 7.3 years, not credit risk. On a face value of ₹100, the 7.82% coupon works out to roughly ₹7.82 a year, paid semi-annually — before any tax on that income.

Annual Income Estimator

Annual Interest Income

—

Post-Tax (30% slab)

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* Based on coupon rate of 7.82%. Actual returns may vary based on purchase price.

Bond Details

ISIN

IN1120240015

Issuer

Government of Gujarat

Bond Type

SDL

Face Value

₹100

Issue Date

09 Jan 2024

Maturity Date

09 Jan 2034

Coupon Rate

7.82% p.a.

Payment Frequency

Semi annual

Exchange

NSE/BSE

Min Investment

₹10,000

Credit Rating

Sovereign (RBI)

Tax Status

Taxable

Secured

Yes

Status

Active

About this Bond

7.82% Gujarat SDL 2034 is a SDL bond issued by Government of Gujarat. It carries a coupon rate of 7.82% per annum, paid semi-annually, matures on 09 January 2034. It carries a Sovereign credit rating from RBI. This is a secured bond, and the interest is taxable.

Frequently Asked Questions about 7.82% Gujarat SDL 2034

Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.

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