7.79% Karnataka SDL 2034
Government of Karnataka
ISIN: IN2320240011 · NSE/BSE
RBI
Coupon Rate
7.79%
Semi annual
Yield (YTM)
7.65%
Yield to Maturity
Current Price
₹1,009.8
Face ₹100
Maturity Date
20 Feb 2034
5+ yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 7.65% 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 Karnataka, 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 7.4 years, not credit risk. On a face value of ₹100, the 7.79% coupon works out to roughly ₹7.79 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 7.79%. Actual returns may vary based on purchase price.
Bond Details
ISIN
IN2320240011
Issuer
Government of Karnataka
Bond Type
SDL
Face Value
₹100
Issue Date
20 Feb 2024
Maturity Date
20 Feb 2034
Coupon Rate
7.79% 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
7.79% Karnataka SDL 2034 is a SDL bond issued by Government of Karnataka. It carries a coupon rate of 7.79% per annum, paid semi-annually, matures on 20 February 2034. 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 7.79% Karnataka SDL 2034
7.79% Karnataka SDL 2034 has a yield to maturity (YTM) of 7.65%, with a coupon rate of 7.79% p.a., maturing February 2034.
7.79% Karnataka SDL 2034 is rated Sovereign by RBI, issued by Government of Karnataka.
The minimum investment for 7.79% Karnataka SDL 2034 is ₹10,000. Interest earned is taxable at your income slab rate.
7.79% Karnataka SDL 2034 pays interest semi annual, at a coupon rate of 7.79% per annum on the face value of ₹100.
7.79% Karnataka SDL 2034 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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