7.74% Maharashtra SDL 2033
Government of Maharashtra
ISIN: IN2220230038 · NSE/BSE
RBI
Coupon Rate
7.74%
Semi annual
Yield (YTM)
7.6%
Yield to Maturity
Current Price
₹1,010.2
Face ₹100
Maturity Date
28 Mar 2033
5+ yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 7.6% yield to maturity, this bond is roughly in line with the 4 other SDL bonds in the 5+ yrs maturity bracket, which average 7.62%. As a sovereign-backed instrument issued by Government of Maharashtra, 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 6.5 years, not credit risk. On a face value of ₹100, the 7.74% coupon works out to roughly ₹7.74 a year, paid semi-annually — before any tax on that income.
Annual Income Estimator
Annual Interest Income
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Post-Tax (30% slab)
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* Based on coupon rate of 7.74%. Actual returns may vary based on purchase price.
Bond Details
ISIN
IN2220230038
Issuer
Government of Maharashtra
Bond Type
SDL
Face Value
₹100
Issue Date
28 Mar 2023
Maturity Date
28 Mar 2033
Coupon Rate
7.74% 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
7.74% Maharashtra SDL 2033 is a SDL bond issued by Government of Maharashtra. It carries a coupon rate of 7.74% per annum, paid semi-annually, matures on 28 March 2033. It carries a Sovereign credit rating from RBI. This is a secured bond, and the interest is taxable.
More SDL Bonds
Frequently Asked Questions about 7.74% Maharashtra SDL 2033
7.74% Maharashtra SDL 2033 has a yield to maturity (YTM) of 7.6%, with a coupon rate of 7.74% p.a., maturing March 2033.
7.74% Maharashtra SDL 2033 is rated Sovereign by RBI, issued by Government of Maharashtra.
The minimum investment for 7.74% Maharashtra SDL 2033 is ₹10,000. Interest earned is taxable at your income slab rate.
7.74% Maharashtra SDL 2033 pays interest semi annual, at a coupon rate of 7.74% per annum on the face value of ₹100.
7.74% Maharashtra SDL 2033 is a secured bond rated Sovereign by RBI. Secured bonds are backed by specific collateral, reducing default risk relative to unsecured debt. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
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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