Bonds
Listed bonds, government securities, treasury bills, state loans and sovereign gold bonds: the terms, the last trade and the yield it implies, the agencies' ratings, the issuer's own numbers. Facts and arithmetic; no orders are placed here.
Bonds›Search›Maharashtra SDL 7.12% 2036

Maharashtra SDL 7.12% 2036Sovereign, state

ISIN IN2220240201 · state development loan · issuer Government of Maharashtra · NDS-OM 712MH2036 · NSE 712MH2036 series SG · the terms and trades are illustrative: sample values shaped like the real thing, not data Artha holds
Last trade
₹102.69
22 Sep 2026 · NDS-OM · 5,00,000 units
YTM at that price
6.72%
actual/actual · compounded half-yearly
Accrued interest today
₹0.78 a unit
40 days since 14 Aug
Clean price at the trade
₹102.69
dirty ₹103.45 · NDS-OM quotes clean
Spread over the G-sec
+29 bps
FBIL 9.4-year point 6.43%
Since the last trade
1 day
traded on 1 of the last 30 sessions
Thinly traded: 1 session out of 30, ₹5.13 Cr in all. The yield above is what one trade of 5,00,000 units implied on 22 Sep 2026; a larger order would not necessarily fill near it.

Terms

from the depository record, refreshed 21 Sep 2026

Pays 7.12% a year, half-yearly on 14 February and 14 August, until 14 Feb 2036. A direct obligation of the Government of Maharashtra, serviced through the RBI. Face value ₹100, issued 14 Feb 2024; no put, no call.

Coupon 7.12% · frequency 2 · day count actual/actual · issue 14 Feb 2024 · maturity 14 Feb 2036 · face ₹100 · put/call none · rating Sovereign, state · exchanges NDS-OM, NSE · series 712MH2036, SG

Cash-flow schedule: every coupon and the principal as a chart and a table, the member's units when held, the tax line as the rules stand — coming soon

Against the curve

FBIL par yields, 23 Sep 2026
This bond, 9.4 years to maturity
6.72%
G-sec of the same maturity (FBIL, interpolated)
6.43%
Spread the market charges for this issuer
+29 bps

Yield at each of the last 1 trades

exchange and reported OTC · six months
Rating history: every action in the agency's words with the rationale linked; no Artha label — coming soon
The issuer's numbers from the stock page: interest coverage, debt to equity, cash from operations against interest paid, loan-book growth, listed debt, pledge, forensic checks, results due, the government's holding for a public-sector issuer — coming soon
Where to buy, all outside Artha: RBI Retail Direct for sovereigns, the member's broker for listed paper with the exchange series shown, SEBI's list of bond platforms; Artha places no orders — coming soon