EconomyBond yields
Indian bond yields from reported trades, in detail
Follow reported government and corporate bond yields across maturities, alongside RBI’s monthly sovereign reference and government auction results. Every view shows its observation dates and source. These yields describe observed pricing, not prices available to buy or sell at.
Written for readers comparing borrowing costs across maturities and credit ratings. Data to 23 Oct 2026.
Yields by maturity
Each market and observation window is shown separately. The recent view checks each bond’s last reported trade from up to five observed sessions; its yield remains dated to that trade.
The last available trades are dated 23 Oct 2026. Collection was attempted through 25 Oct 2026.
Government of India Same day
4 bonds from 1 issuer. Oldest observation: 0 calendar days. Chart date: 23 Oct 2026.
Government of India: indicative traded yield curve
Remaining maturity in years; yield to maturity, % a year. Gaps have insufficient support.
How to read it. Equal bond weights within each maturity bucket. Straight interpolation between supported anchors; no extrapolation.
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Explore the curve over time
Government of India: historical traded yield curves
Choose an observation date with the slider. Remaining maturity in years; yield to maturity, % a year.
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Government of India: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 3.00 | 3.54 | 7.25 | – | 1 | 1 | 30.0 | 0 | Supported | |
| 5.00 | 5.72 | 7.39 | – | 1 | 1 | 125.0 | 0 | Supported | |
| 7.00 | 6.29 | 7.42 | – | 1 | 1 | 125.0 | 0 | Supported | |
| 10.00 | 9.55 | 7.48 | – | 1 | 1 | 275.0 | 0 | Supported |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 4 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IN0020160019 | Government of India | 2026-10-23 | 2030-05-09 | 7.25 | 30.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020220151 | Government of India | 2026-10-23 | 2033-02-06 | 7.42 | 125.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020250059 | Government of India | 2026-10-23 | 2032-07-14 | 7.39 | 125.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020260025 | Government of India | 2026-10-23 | 2036-05-11 | 7.48 | 275.0 | – | – | NSE WDM | – | Reported traded value |
State government bonds Same day
1 bonds from 1 issuers. Oldest observation: 0 calendar days. Chart date: 23 Oct 2026.
There is enough data to show observations, but too little support for a curve in this group.
State government bonds: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 0.72 | 7.12 | – | 1 | 1 | 50.0 | 0 | Supported |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 1 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IN3120170060 | TN | 2026-10-23 | 2027-07-12 | 7.12 | 50.0 | – | – | NSE WDM | – | Reported traded value |
AAA · All issuers Same day
11 bonds from 6 issuers. Oldest observation: 0 calendar days. Chart date: 23 Oct 2026.
There is enough data to show observations, but too little support for a curve in this group.
AAA · All issuers: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 0.14 | 7.23 | – | 2 | 2 | 180.0 | 0 | Observations only | |
| 0.50 | 0.39 | 8.01 | – | 1 | 1 | 350.0 | 0 | Observations only | |
| 1.00 | 1.35 | 8.20 | – | 2 | 2 | 100.0 | 0 | Observations only | |
| 2.00 | 1.69 | 8.24 | – | 1 | 1 | 350.0 | 0 | Observations only | |
| 3.00 | 3.21 | 8.31 | – | 3 | 3 | 150.0 | 0 | Supported | |
| 5.00 | 4.94 | 8.30 | 97 | 1 | 1 | 25.0 | 0 | Observations only | |
| 7.00 | 6.48 | 8.21 | 79 | 1 | 1 | 25.0 | 0 | Observations only |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 11 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE261F08EF5 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2027-03-15 | 8.01 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08MH6 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2033-04-15 | 8.21 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE020B08EK4 | REC LIMITED | 2026-10-23 | 2028-06-30 | 8.24 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KR0 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2029-09-05 | 8.30 | 100.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE033L07IK9 | TATA CAPITAL HOUSING FINANCE LIMITED | 2026-10-23 | 2028-01-14 | 8.47 | 25.0 | AAA | Secured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KT6 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2028-04-10 | 7.92 | 75.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE053F08338 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-23 | 2026-11-24 | 7.25 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-20 | Reported traded value | |
| INE261F08ED0 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2026-12-30 | 7.20 | 130.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08KV1 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2030-06-11 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE261F08EJ7 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2029-12-06 | 8.33 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE134E08LM8 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2031-10-01 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value |
AAA · Financial Same day
11 bonds from 6 issuers. Oldest observation: 0 calendar days. Chart date: 23 Oct 2026.
There is enough data to show observations, but too little support for a curve in this group.
AAA · Financial: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 0.14 | 7.23 | – | 2 | 2 | 180.0 | 0 | Observations only | |
| 0.50 | 0.39 | 8.01 | – | 1 | 1 | 350.0 | 0 | Observations only | |
| 1.00 | 1.35 | 8.20 | – | 2 | 2 | 100.0 | 0 | Observations only | |
| 2.00 | 1.69 | 8.24 | – | 1 | 1 | 350.0 | 0 | Observations only | |
| 3.00 | 3.21 | 8.31 | – | 3 | 3 | 150.0 | 0 | Supported | |
| 5.00 | 4.94 | 8.30 | 97 | 1 | 1 | 25.0 | 0 | Observations only | |
| 7.00 | 6.48 | 8.21 | 79 | 1 | 1 | 25.0 | 0 | Observations only |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 11 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE261F08EF5 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2027-03-15 | 8.01 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08MH6 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2033-04-15 | 8.21 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE020B08EK4 | REC LIMITED | 2026-10-23 | 2028-06-30 | 8.24 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KR0 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2029-09-05 | 8.30 | 100.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE033L07IK9 | TATA CAPITAL HOUSING FINANCE LIMITED | 2026-10-23 | 2028-01-14 | 8.47 | 25.0 | AAA | Secured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KT6 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2028-04-10 | 7.92 | 75.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE053F08338 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-23 | 2026-11-24 | 7.25 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-20 | Reported traded value | |
| INE261F08ED0 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2026-12-30 | 7.20 | 130.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08KV1 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2030-06-11 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE261F08EJ7 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2029-12-06 | 8.33 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE134E08LM8 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2031-10-01 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value |
Government of India Recent five sessions
20 bonds from 1 issuer. Oldest observation: 7 calendar days. Chart date: 23 Oct 2026.
Government of India: indicative traded yield curve
Remaining maturity in years; yield to maturity, % a year. Gaps have insufficient support.
How to read it. Equal bond weights within each maturity bucket. Straight interpolation between supported anchors; no extrapolation.
Loading chart…
Explore the curve over time
Government of India: historical traded yield curves
Choose an observation date with the slider. Remaining maturity in years; yield to maturity, % a year.
Loading chart…
Government of India: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
Loading chart…
Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 0.56 | 6.55 | – | 1 | 1 | 80.0 | 4 | Supported | |
| 1.00 | 1.46 | 6.76 | – | 1 | 1 | 98.8 | 1 | Supported | |
| 2.00 | 2.23 | 6.82 | – | 1 | 1 | 100.0 | 7 | Supported | |
| 3.00 | 3.54 | 7.25 | – | 1 | 1 | 30.0 | 0 | Supported | |
| 5.00 | 5.48 | 7.37 | – | 2 | 1 | 425.0 | 1 | Supported | |
| 7.00 | 7.34 | 7.42 | – | 2 | 1 | 180.0 | 1 | Supported | |
| 10.00 | 10.59 | 7.46 | – | 4 | 1 | 530.0 | 7 | Supported | |
| 15.00 | 15.47 | 7.60 | – | 2 | 1 | 145.1 | 7 | Supported | |
| 20.00 | 18.11 | 7.64 | – | 1 | 1 | 150.0 | 7 | Supported | |
| 30.00 | 28.46 | 7.82 | – | 3 | 1 | 75.0 | 4 | Supported | |
| 40.00 | 43.86 | 7.83 | – | 2 | 1 | 830.0 | 7 | Supported |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 20 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IN0020120062 | Government of India | 2026-10-16 | 2042-12-31 | 7.60 | 45.1 | – | – | NSE WDM | – | Reported traded value | |
| IN0020140078 | Government of India | 2026-10-16 | 2044-12-01 | 7.64 | 150.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020180454 | Government of India | 2026-10-16 | 2029-01-14 | 6.82 | 100.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020230077 | Government of India | 2026-10-16 | 2037-07-24 | 7.43 | 200.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020250018 | Government of India | 2026-10-16 | 2065-04-15 | 7.83 | 155.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020250117 | Government of India | 2026-10-16 | 2076-01-19 | 7.83 | 675.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020170026 | Government of India | 2026-10-19 | 2027-05-15 | 6.55 | 80.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020220029 | Government of India | 2026-10-19 | 2036-05-23 | 7.41 | 25.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020230051 | Government of India | 2026-10-19 | 2053-06-19 | 7.78 | 25.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020240027 | Government of India | 2026-10-22 | 2039-04-15 | 7.51 | 30.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020200245 | Government of India | 2026-10-22 | 2035-03-16 | 7.42 | 55.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020210244 | Government of India | 2026-10-22 | 2032-01-17 | 7.36 | 300.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020230010 | Government of India | 2026-10-22 | 2028-04-10 | 6.76 | 98.8 | – | – | NSE WDM | – | Reported traded value | |
| IN0020250075 | Government of India | 2026-10-22 | 2055-08-18 | 7.85 | 25.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020260041 | Government of India | 2026-10-22 | 2041-07-27 | 7.60 | 100.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020260082 | Government of India | 2026-10-22 | 2056-09-15 | 7.83 | 25.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020160019 | Government of India | 2026-10-23 | 2030-05-09 | 7.25 | 30.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020220151 | Government of India | 2026-10-23 | 2033-02-06 | 7.42 | 125.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020250059 | Government of India | 2026-10-23 | 2032-07-14 | 7.39 | 125.0 | – | – | NSE WDM | – | Reported traded value | |
| IN0020260025 | Government of India | 2026-10-23 | 2036-05-11 | 7.48 | 275.0 | – | – | NSE WDM | – | Reported traded value |
State government bonds Recent five sessions
18 bonds from 8 issuers. Oldest observation: 7 calendar days. Chart date: 23 Oct 2026.
State government bonds: indicative traded yield curve
Remaining maturity in years; yield to maturity, % a year. Gaps have insufficient support.
How to read it. Equal bond weights within each maturity bucket. Straight interpolation between supported anchors; no extrapolation.
Loading chart…
Explore the curve over time
State government bonds: historical traded yield curves
Choose an observation date with the slider. Remaining maturity in years; yield to maturity, % a year.
Loading chart…
State government bonds: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
Loading chart…
Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 0.26 | 6.38 | – | 2 | 2 | 72.0 | 1 | Supported | |
| 0.50 | 0.72 | 7.12 | – | 1 | 1 | 50.0 | 0 | Supported | |
| 1.00 | 0.87 | 7.16 | – | 4 | 3 | 264.5 | 7 | Supported | |
| 3.00 | 3.29 | 7.71 | – | 1 | 1 | 100.0 | 2 | Supported | |
| 10.00 | 9.91 | 8.08 | – | 3 | 3 | 155.0 | 2 | Supported | |
| 15.00 | 16.75 | 8.22 | – | 2 | 2 | 30.0 | 1 | Supported | |
| 20.00 | 21.16 | 8.19 | – | 5 | 4 | 467.8 | 2 | Supported |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 18 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IN2220170061 | MAH | 2026-10-16 | 2027-08-09 | 7.10 | 30.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2220170103 | MAH | 2026-10-16 | 2027-09-13 | 7.10 | 200.0 | – | – | NSE WDM | – | Reported traded value | |
| IN1520170078 | GUJ | 2026-10-19 | 2027-07-26 | 7.05 | 29.5 | – | – | NSE WDM | – | Reported traded value | |
| IN1920250199 | KRN | 2026-10-21 | 2036-02-11 | 8.03 | 50.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2120260087 | MP | 2026-10-21 | 2048-08-19 | 8.21 | 115.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2220250426 | MAH | 2026-10-21 | 2030-02-04 | 7.71 | 100.0 | – | – | NSE WDM | – | Reported traded value | |
| IN3120260143 | TN | 2026-10-21 | 2051-10-14 | 8.11 | 50.0 | – | – | NSE WDM | – | Reported traded value | |
| IN3320260042 | UP | 2026-10-21 | 2046-06-10 | 8.21 | 55.0 | – | – | NSE WDM | – | Reported traded value | |
| IN3620260031 | UTK | 2026-10-21 | 2044-05-27 | 8.21 | 50.0 | – | – | NSE WDM | – | Reported traded value | |
| IN1520160178 | GUJ | 2026-10-22 | 2027-01-11 | 6.30 | 47.0 | – | – | NSE WDM | – | Reported traded value | |
| IN1520260093 | GUJ | 2026-10-22 | 2035-06-24 | 8.03 | 40.0 | – | – | NSE WDM | – | Reported traded value | |
| IN1920170066 | KRN | 2026-10-22 | 2027-11-08 | 7.40 | 5.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2120250112 | MP | 2026-10-22 | 2048-08-06 | 8.22 | 197.8 | – | – | NSE WDM | – | Reported traded value | |
| IN2120260079 | MP | 2026-10-22 | 2038-07-22 | 8.18 | 65.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2220210271 | MAH | 2026-10-22 | 2027-02-09 | 6.45 | 25.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2220260052 | MAH | 2026-10-22 | 2044-04-22 | 8.20 | 5.0 | – | – | NSE WDM | – | Reported traded value | |
| IN2920260139 | RAJ | 2026-10-22 | 2042-10-21 | 8.25 | 25.0 | – | – | NSE WDM | – | Reported traded value | |
| IN3120170060 | TN | 2026-10-23 | 2027-07-12 | 7.12 | 50.0 | – | – | NSE WDM | – | Reported traded value |
AAA · All issuers Recent five sessions
33 bonds from 15 issuers. Oldest observation: 7 calendar days. Chart date: 23 Oct 2026.
AAA · All issuers: indicative traded yield curve
Remaining maturity in years; yield to maturity, % a year. Gaps have insufficient support.
How to read it. Equal bond weights within each issuer, then equal issuer weights. A curve anchor needs at least three bonds from three issuers.
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Explore the curve over time
AAA · All issuers: historical traded yield curves
Choose an observation date with the slider. Remaining maturity in years; yield to maturity, % a year.
Loading chart…
AAA · All issuers: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
Loading chart…
Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 0.21 | 7.40 | – | 3 | 3 | 305.0 | 1 | Supported | |
| 0.50 | 0.48 | 7.91 | – | 3 | 3 | 605.0 | 4 | Supported | |
| 1.00 | 1.27 | 8.17 | 145 | 7 | 6 | 320.0 | 7 | Supported | |
| 2.00 | 1.83 | 8.42 | 163 | 5 | 5 | 620.0 | 7 | Supported | |
| 3.00 | 3.16 | 8.29 | 117 | 4 | 3 | 200.0 | 2 | Supported | |
| 5.00 | 4.69 | 8.30 | 98 | 2 | 2 | 30.0 | 1 | Observations only | |
| 7.00 | 7.08 | 8.17 | 75 | 5 | 3 | 180.0 | 2 | Supported | |
| 10.00 | 10.43 | 8.10 | 65 | 2 | 2 | 75.0 | 4 | Observations only | |
| 15.00 | 12.70 | 8.10 | 58 | 2 | 1 | 535.0 | 2 | Observations only |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 33 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE306N07NP4 | TATA CAPITAL LIMITED | 2026-10-16 | 2028-07-19 | 8.30 | 50.0 | AAA | Secured | NSE CBM | 2026-10-12 | Reported traded value | |
| INE261F08DV4 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-16 | 2028-01-31 | 8.00 | 20.0 | AAA | Unsecured | NSE CBM | 2026-10-14 | Reported traded value | |
| INE660A07RN7 | SUNDARAM FINANCE LIMITED | 2026-10-16 | 2028-08-08 | 8.46 | 150.0 | AAA | Secured | NSE CBM | 2026-10-16 | Reported traded value | |
| INE556F08KN9 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-19 | 2027-06-10 | 7.98 | 205.0 | AAA | Unsecured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE053F07CQ9 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-19 | 2035-07-06 | 8.03 | 25.0 | AAA | Secured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE071G07710 | ICICI HOME FINANCE COMPANY LIMITED | 2026-10-19 | 2027-11-16 | 8.22 | 50.0 | AAA | Secured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE134E08KL2 | POWER FINANCE CORPORATION LIMITED | 2026-10-21 | 2030-02-25 | 8.15 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE020B08ER9 | REC LIMITED | 2026-10-21 | 2033-11-30 | 8.18 | 30.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE134E08MM6 | POWER FINANCE CORPORATION LIMITED | 2026-10-21 | 2033-07-15 | 8.16 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-15 | Reported traded value | |
| INE062A08421 | STATE BANK OF INDIA | 2026-10-21 | 2039-06-27 | 8.10 | 275.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE115A07QW5 | LIC HOUSING FINANCE LTD | 2026-10-21 | 2028-02-11 | 8.22 | 25.0 | AAA | Secured | NSE CBM | 2026-10-15 | Reported traded value | |
| INE062A08439 | STATE BANK OF INDIA | 2026-10-21 | 2039-07-11 | 8.10 | 260.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE0KUG08027 | NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT | 2026-10-21 | 2038-12-22 | 8.17 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE053F08403 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-21 | 2034-07-15 | 8.11 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-16 | Reported traded value | |
| INE514E08GB4 | EXPORT IMPORT BANK OF INDIA | 2026-10-22 | 2028-04-12 | 8.05 | 100.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE040A08724 | HDFC BANK LIMITED | 2026-10-22 | 2029-03-27 | 8.37 | 30.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE020B08EW9 | REC LIMITED | 2026-10-22 | 2027-02-26 | 7.75 | 125.0 | AAA | Unsecured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE053F08361 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-22 | 2034-02-16 | 8.15 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE134E08IX1 | POWER FINANCE CORPORATION LIMITED | 2026-10-22 | 2027-03-22 | 7.75 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-18 | Reported traded value | |
| INE261F08EI9 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-22 | 2027-09-30 | 8.25 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-16 | Reported traded value | |
| INE020B08DA7 | REC LIMITED | 2026-10-22 | 2031-03-31 | 8.30 | 5.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE721A07RL1 | SHRIRAM FINANCE LIMITED | 2026-10-22 | 2028-04-28 | 8.73 | 40.0 | AAA | Secured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE261F08EF5 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2027-03-15 | 8.01 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08MH6 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2033-04-15 | 8.21 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE020B08EK4 | REC LIMITED | 2026-10-23 | 2028-06-30 | 8.24 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KR0 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2029-09-05 | 8.30 | 100.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE033L07IK9 | TATA CAPITAL HOUSING FINANCE LIMITED | 2026-10-23 | 2028-01-14 | 8.47 | 25.0 | AAA | Secured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KT6 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2028-04-10 | 7.92 | 75.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE053F08338 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-23 | 2026-11-24 | 7.25 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-20 | Reported traded value | |
| INE261F08ED0 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2026-12-30 | 7.20 | 130.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08KV1 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2030-06-11 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08LM8 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2031-10-01 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE261F08EJ7 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2029-12-06 | 8.33 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value |
AAA · Financial Recent five sessions
33 bonds from 15 issuers. Oldest observation: 7 calendar days. Chart date: 23 Oct 2026.
AAA · Financial: indicative traded yield curve
Remaining maturity in years; yield to maturity, % a year. Gaps have insufficient support.
How to read it. Equal bond weights within each issuer, then equal issuer weights. A curve anchor needs at least three bonds from three issuers.
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Explore the curve over time
AAA · Financial: historical traded yield curves
Choose an observation date with the slider. Remaining maturity in years; yield to maturity, % a year.
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AAA · Financial: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 0.21 | 7.40 | – | 3 | 3 | 305.0 | 1 | Supported | |
| 0.50 | 0.48 | 7.91 | – | 3 | 3 | 605.0 | 4 | Supported | |
| 1.00 | 1.27 | 8.17 | 145 | 7 | 6 | 320.0 | 7 | Supported | |
| 2.00 | 1.83 | 8.42 | 163 | 5 | 5 | 620.0 | 7 | Supported | |
| 3.00 | 3.16 | 8.29 | 117 | 4 | 3 | 200.0 | 2 | Supported | |
| 5.00 | 4.69 | 8.30 | 98 | 2 | 2 | 30.0 | 1 | Observations only | |
| 7.00 | 7.08 | 8.17 | 75 | 5 | 3 | 180.0 | 2 | Supported | |
| 10.00 | 10.43 | 8.10 | 65 | 2 | 2 | 75.0 | 4 | Observations only | |
| 15.00 | 12.70 | 8.10 | 58 | 2 | 1 | 535.0 | 2 | Observations only |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 33 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE306N07NP4 | TATA CAPITAL LIMITED | 2026-10-16 | 2028-07-19 | 8.30 | 50.0 | AAA | Secured | NSE CBM | 2026-10-12 | Reported traded value | |
| INE261F08DV4 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-16 | 2028-01-31 | 8.00 | 20.0 | AAA | Unsecured | NSE CBM | 2026-10-14 | Reported traded value | |
| INE660A07RN7 | SUNDARAM FINANCE LIMITED | 2026-10-16 | 2028-08-08 | 8.46 | 150.0 | AAA | Secured | NSE CBM | 2026-10-16 | Reported traded value | |
| INE556F08KN9 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-19 | 2027-06-10 | 7.98 | 205.0 | AAA | Unsecured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE053F07CQ9 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-19 | 2035-07-06 | 8.03 | 25.0 | AAA | Secured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE071G07710 | ICICI HOME FINANCE COMPANY LIMITED | 2026-10-19 | 2027-11-16 | 8.22 | 50.0 | AAA | Secured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE134E08KL2 | POWER FINANCE CORPORATION LIMITED | 2026-10-21 | 2030-02-25 | 8.15 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE020B08ER9 | REC LIMITED | 2026-10-21 | 2033-11-30 | 8.18 | 30.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE134E08MM6 | POWER FINANCE CORPORATION LIMITED | 2026-10-21 | 2033-07-15 | 8.16 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-15 | Reported traded value | |
| INE062A08421 | STATE BANK OF INDIA | 2026-10-21 | 2039-06-27 | 8.10 | 275.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE115A07QW5 | LIC HOUSING FINANCE LTD | 2026-10-21 | 2028-02-11 | 8.22 | 25.0 | AAA | Secured | NSE CBM | 2026-10-15 | Reported traded value | |
| INE062A08439 | STATE BANK OF INDIA | 2026-10-21 | 2039-07-11 | 8.10 | 260.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE0KUG08027 | NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT | 2026-10-21 | 2038-12-22 | 8.17 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE053F08403 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-21 | 2034-07-15 | 8.11 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-16 | Reported traded value | |
| INE514E08GB4 | EXPORT IMPORT BANK OF INDIA | 2026-10-22 | 2028-04-12 | 8.05 | 100.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE040A08724 | HDFC BANK LIMITED | 2026-10-22 | 2029-03-27 | 8.37 | 30.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE020B08EW9 | REC LIMITED | 2026-10-22 | 2027-02-26 | 7.75 | 125.0 | AAA | Unsecured | NSE CBM | 2026-10-19 | Reported traded value | |
| INE053F08361 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-22 | 2034-02-16 | 8.15 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE134E08IX1 | POWER FINANCE CORPORATION LIMITED | 2026-10-22 | 2027-03-22 | 7.75 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-18 | Reported traded value | |
| INE261F08EI9 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-22 | 2027-09-30 | 8.25 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-16 | Reported traded value | |
| INE020B08DA7 | REC LIMITED | 2026-10-22 | 2031-03-31 | 8.30 | 5.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value | |
| INE721A07RL1 | SHRIRAM FINANCE LIMITED | 2026-10-22 | 2028-04-28 | 8.73 | 40.0 | AAA | Secured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE261F08EF5 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2027-03-15 | 8.01 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08MH6 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2033-04-15 | 8.21 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-22 | Reported traded value | |
| INE020B08EK4 | REC LIMITED | 2026-10-23 | 2028-06-30 | 8.24 | 350.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KR0 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2029-09-05 | 8.30 | 100.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE033L07IK9 | TATA CAPITAL HOUSING FINANCE LIMITED | 2026-10-23 | 2028-01-14 | 8.47 | 25.0 | AAA | Secured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE556F08KT6 | SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2026-10-23 | 2028-04-10 | 7.92 | 75.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE053F08338 | INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2026-10-23 | 2026-11-24 | 7.25 | 50.0 | AAA | Unsecured | NSE CBM | 2026-10-20 | Reported traded value | |
| INE261F08ED0 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2026-12-30 | 7.20 | 130.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08KV1 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2030-06-11 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE134E08LM8 | POWER FINANCE CORPORATION LIMITED | 2026-10-23 | 2031-10-01 | 8.30 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-23 | Reported traded value | |
| INE261F08EJ7 | NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2026-10-23 | 2029-12-06 | 8.33 | 25.0 | AAA | Unsecured | NSE CBM | 2026-10-21 | Reported traded value |
AA+ · All issuers Recent five sessions
1 bonds from 1 issuers. Oldest observation: 7 calendar days. Chart date: 23 Oct 2026.
There is enough data to show observations, but too little support for a curve in this group.
AA+ · All issuers: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 0.75 | 8.54 | 194 | 1 | 1 | 10.0 | 7 | Observations only |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 1 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE121A07SG2 | CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED | 2026-10-16 | 2027-07-25 | 8.54 | 10.0 | AA+ | Secured | NSE CBM | 2026-10-09 | Reported traded value |
AA+ · Financial Recent five sessions
1 bonds from 1 issuers. Oldest observation: 7 calendar days. Chart date: 23 Oct 2026.
There is enough data to show observations, but too little support for a curve in this group.
AA+ · Financial: underlying bond observations
Reported trades through 23 Oct 2026. Larger dots indicate more reported value on the observation date.
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Coverage by maturity
| Bucket (years) | Mean maturity (years) | Mean yield (%) | Sovereign spread (bp) | Bonds | Issuers | Reported value (₹ crore) | Oldest trade (days) | Curve support | More |
|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 0.75 | 8.54 | 194 | 1 | 1 | 10.0 | 7 | Observations only |
Spreads compare a corporate bucket’s mean maturity with the sovereign estimate from the same observation window. Blank spreads lack a supported benchmark.
Inspect the 1 underlying bond observations
| ISIN | Issuer | Trade date | Maturity | Observed YTM (%) | Reported value (₹ crore) | Rating | Security | Reporting source | Terms checked | Value basis | More |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE121A07SG2 | CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED | 2026-10-16 | 2027-07-25 | 8.54 | 10.0 | AA+ | Secured | NSE CBM | 2026-10-09 | Reported traded value |
RBI’s monthly sovereign reference
A longer history of month-end government yields, shown separately from the recent exchange trades.
The latest reference is dated 31 Aug 2026, 55 calendar days before the collection date. It covers maturities from one to thirty years. An August reference is not used to calculate spreads for October corporate trades.
Government of India: RBI month-end yield curve
Month-end 31 Aug 2026; yield to maturity, % a year.
How to read it. Each maturity is a value published in DBIE report 217. This is a monthly YTM reference, not a zero-coupon discount curve.
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Explore monthly sovereign curves back to 1996
Government of India: monthly sovereign curve history
Choose a month with the slider. Missing maturities remain gaps.
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Inspect the latest month’s published yields
| Month-end | Maturity (years) | Yield (%) |
|---|---|---|
| 2026-08-31 | 1 | 5.8771 |
| 2026-08-31 | 2 | 6.2919 |
| 2026-08-31 | 3 | 6.4153 |
| 2026-08-31 | 4 | 6.5325 |
| 2026-08-31 | 5 | 6.6359 |
| 2026-08-31 | 6 | 6.7105 |
| 2026-08-31 | 7 | 6.7723 |
| 2026-08-31 | 8 | 6.8038 |
| 2026-08-31 | 9 | 6.9072 |
| 2026-08-31 | 10 | 6.9603 |
| 2026-08-31 | 11 | 6.9957 |
| 2026-08-31 | 12 | 7.0253 |
| 2026-08-31 | 13 | 7.0549 |
| 2026-08-31 | 14 | 7.0842 |
| 2026-08-31 | 15 | 7.1133 |
| 2026-08-31 | 16 | 7.1629 |
| 2026-08-31 | 17 | 7.2126 |
| 2026-08-31 | 18 | 7.2622 |
| 2026-08-31 | 19 | 7.3118 |
| 2026-08-31 | 20 | 7.3615 |
| 2026-08-31 | 21 | 7.4111 |
| 2026-08-31 | 22 | 7.4607 |
| 2026-08-31 | 23 | 7.5034 |
| 2026-08-31 | 24 | 7.5197 |
| 2026-08-31 | 25 | 7.5440 |
| 2026-08-31 | 26 | 7.5623 |
| 2026-08-31 | 27 | 7.5746 |
| 2026-08-31 | 28 | 7.5698 |
| 2026-08-31 | 29 | 7.5542 |
| 2026-08-31 | 30 | 7.5106 |
History uses the latest retrieved vintage, including source revisions. It does not establish what was available on each historical date. Data retrieved 25 Oct 2026.
Government and SDL auction yields
Primary-market results retain their auction dates. They are kept separate from secondary-market trade curves.
Government of India auctions Primary market
Latest auction: 23 Oct 2026, 2 days before collection. The archive contains 1,108 observations with a reported yield.
Government of India: latest auction yields
Auction dated 23 Oct 2026. Securities are labelled by coupon and maturity year.
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Latest auction results
| Issuer / state | Security | Auction date | Weighted-average yield (%) | Cut-off yield (%) | Explicit new-issue tenor (years) | Maturity year | Notified amount (₹ crore) | Tenor information | More |
|---|---|---|---|---|---|---|---|---|---|
| Government of India | 6.53% GS 2031 | 2026-10-23 | 7.3437 | 7.3589 | – | 2,031 | 19,000 | Exact maturity unavailable | |
| Government of India | 7.71% GS 2066 | 2026-10-23 | 7.9211 | 7.9339 | – | 2,066 | 14,000 | Exact maturity unavailable |
Weighted-average and cut-off yields describe the auction. Green bonds retain their security labels. A maturity year alone does not give an exact remaining maturity; those securities are excluded from the tenor plot.
Source retrieved 24 Oct 2026. Excluded source rows: 20 yield missing.
Inspect auction results from the last 35 calendar days (10)
| Issuer / state | Security | Auction date | Weighted-average yield (%) | Cut-off yield (%) | Explicit new-issue tenor (years) | Maturity year | Notified amount (₹ crore) | Tenor information | More |
|---|---|---|---|---|---|---|---|---|---|
| Government of India | 7.71% GS 2066 | 2026-10-23 | 7.9211 | 7.9339 | – | 2,066 | 14,000 | Exact maturity unavailable | |
| Government of India | 6.53% GS 2031 | 2026-10-23 | 7.3437 | 7.3589 | – | 2,031 | 19,000 | Exact maturity unavailable | |
| Government of India | 6.94% GS 2036 | 2026-10-16 | 7.3925 | 7.3955 | – | 2,036 | 34,000 | Exact maturity unavailable | |
| Government of India | 7.43% GS 2076 | 2026-10-09 | 7.7882 | 7.8015 | – | 2,076 | 13,000 | Exact maturity unavailable | |
| Government of India | 7.06% GS 2041 | 2026-10-09 | 7.4886 | 7.4898 | – | 2,041 | 23,000 | Exact maturity unavailable | |
| Government of India | 7.63% GS 2056 | 2026-10-01 | 7.6835 | 7.6895 | – | 2,056 | 9,000 | Exact maturity unavailable | |
| Government of India | 7.50% GOI SGrB 2056 | 2026-10-01 | 7.6408 | 7.6539 | – | 2,056 | 3,000 | Exact maturity unavailable | |
| Government of India | 6.57% GS 2033 | 2026-10-01 | 7.1584 | 7.1680 | – | 2,033 | 12,000 | Exact maturity unavailable | |
| Government of India | 6.20% GS 2029 | 2026-10-01 | 6.7374 | 6.7688 | – | 2,029 | 9,000 | Exact maturity unavailable | |
| Government of India | 6.94% GS 2036 | 2026-09-25 | 7.1421 | 7.1450 | – | 2,036 | 34,000 | Exact maturity unavailable |
State government auctions Primary market
Latest auction: 6 Oct 2026, 19 days before collection. The archive contains 5,729 observations with a reported yield.
The latest auction in this snapshot is more than two weeks old. Collection may lag new releases.
SDLs: latest auction yields by stated tenor
Auction dated 6 Oct 2026. Only new issues with explicit tenors; reissues remain in the table.
How to read it. Hover over a point to see its state and security. State issuers remain separate observations; no pooled SDL curve is fitted.
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Latest auction results
| Issuer / state | Security | Auction date | Weighted-average yield (%) | Cut-off yield (%) | Explicit new-issue tenor (years) | Maturity year | Notified amount (₹ crore) | Tenor information | More |
|---|---|---|---|---|---|---|---|---|---|
| Andhra Pradesh | ANDHRA PRADESH SGS 2035 | 2026-10-06 | 7.8905 | 7.9197 | – | 2,035 | 1,000 | Exact maturity unavailable | |
| Andhra Pradesh | ANDHRA PRADESH SGS 2042 | 2026-10-06 | 7.9937 | 7.9971 | – | 2,042 | 1,000 | Exact maturity unavailable | |
| Goa | GOA SGS 2034 | 2026-10-06 | 7.8500 | 7.8500 | 8.0 | 2,034 | 200 | Explicit new-issue auction tenor | |
| Himachal Pradesh | HIMACHAL PRADESH SGS 2044 | 2026-10-06 | 8.0029 | 8.0061 | – | 2,044 | 600 | Exact maturity unavailable | |
| Jammu and Kashmir | JAMMU AND KASHMIR SGS 2051 | 2026-10-06 | 7.9945 | 8.0100 | 25.0 | 2,051 | 800 | Explicit new-issue auction tenor | |
| Karnataka | KARNATAKA SGS 2034 | 2026-10-06 | 7.8397 | 7.8600 | 8.0 | 2,034 | 2,000 | Explicit new-issue auction tenor | |
| Madhya Pradesh | MADHYA PRADESH SGS 2036 | 2026-10-06 | 7.8958 | 7.9100 | 10.0 | 2,036 | 1,000 | Explicit new-issue auction tenor | |
| Madhya Pradesh | MADHYA PRADESH SGS 2044 | 2026-10-06 | 7.9855 | 7.9877 | – | 2,044 | 1,000 | Exact maturity unavailable | |
| Madhya Pradesh | MADHYA PRADESH SGS 2056 | 2026-10-06 | 7.9632 | 7.9794 | – | 2,056 | 1,000 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2031 | 2026-10-06 | 7.6045 | 7.6297 | – | 2,031 | 1,500 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2039 | 2026-10-06 | 7.9546 | 7.9788 | – | 2,039 | 1,500 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2043 | 2026-10-06 | 7.9901 | 8.0100 | 17.0 | 2,043 | 2,000 | Explicit new-issue auction tenor | |
| Maharashtra | MAHARASHTRA SGS 2049 | 2026-10-06 | 7.9852 | 7.9921 | – | 2,049 | 2,200 | Exact maturity unavailable | |
| Meghalaya | MEGHALAYA SGS 2039 | 2026-10-06 | 8.0438 | 8.0800 | 13.0 | 2,039 | 400 | Explicit new-issue auction tenor | |
| Punjab | PUNJAB SGS 2041 | 2026-10-06 | 8.0137 | 8.0183 | – | 2,041 | 1,000 | Exact maturity unavailable | |
| Rajasthan | RAJASTHAN SGS 2041 | 2026-10-06 | 7.9973 | 8.0079 | – | 2,041 | 1,100 | Exact maturity unavailable | |
| Rajasthan | RAJASTHAN SGS 2048 | 2026-10-06 | 7.9888 | 8.0157 | – | 2,048 | 800 | Exact maturity unavailable | |
| Telangana | TELANGANA SGS 2046 | 2026-10-06 | 7.9902 | 8.0300 | 20.0 | 2,046 | 1,000 | Explicit new-issue auction tenor | |
| Telangana | TELANGANA SGS 2052 | 2026-10-06 | 7.9870 | 8.0200 | 26.0 | 2,052 | 1,500 | Explicit new-issue auction tenor | |
| West Bengal | WEST BENGAL SGS 2035 | 2026-10-06 | 7.9148 | 7.9278 | – | 2,035 | 500 | Exact maturity unavailable | |
| West Bengal | WEST BENGAL SGS 2041 | 2026-10-06 | 7.9809 | 7.9900 | 15.0 | 2,041 | 1,000 | Explicit new-issue auction tenor | |
| West Bengal | WEST BENGAL SGS 2047 | 2026-10-06 | 8.0179 | 8.0671 | – | 2,047 | 500 | Exact maturity unavailable |
Weighted-average and cut-off yields describe the auction. Green bonds retain their security labels. A maturity year alone does not give an exact remaining maturity; those securities are excluded from the tenor plot.
Source retrieved 9 Oct 2026. Excluded source rows: 135 yield missing.
Inspect auction results from the last 35 calendar days (58)
| Issuer / state | Security | Auction date | Weighted-average yield (%) | Cut-off yield (%) | Explicit new-issue tenor (years) | Maturity year | Notified amount (₹ crore) | Tenor information | More |
|---|---|---|---|---|---|---|---|---|---|
| West Bengal | WEST BENGAL SGS 2047 | 2026-10-06 | 8.0179 | 8.0671 | – | 2,047 | 500 | Exact maturity unavailable | |
| West Bengal | WEST BENGAL SGS 2041 | 2026-10-06 | 7.9809 | 7.9900 | 15.0 | 2,041 | 1,000 | Explicit new-issue auction tenor | |
| West Bengal | WEST BENGAL SGS 2035 | 2026-10-06 | 7.9148 | 7.9278 | – | 2,035 | 500 | Exact maturity unavailable | |
| Telangana | TELANGANA SGS 2052 | 2026-10-06 | 7.9870 | 8.0200 | 26.0 | 2,052 | 1,500 | Explicit new-issue auction tenor | |
| Telangana | TELANGANA SGS 2046 | 2026-10-06 | 7.9902 | 8.0300 | 20.0 | 2,046 | 1,000 | Explicit new-issue auction tenor | |
| Rajasthan | RAJASTHAN SGS 2048 | 2026-10-06 | 7.9888 | 8.0157 | – | 2,048 | 800 | Exact maturity unavailable | |
| Rajasthan | RAJASTHAN SGS 2041 | 2026-10-06 | 7.9973 | 8.0079 | – | 2,041 | 1,100 | Exact maturity unavailable | |
| Punjab | PUNJAB SGS 2041 | 2026-10-06 | 8.0137 | 8.0183 | – | 2,041 | 1,000 | Exact maturity unavailable | |
| Meghalaya | MEGHALAYA SGS 2039 | 2026-10-06 | 8.0438 | 8.0800 | 13.0 | 2,039 | 400 | Explicit new-issue auction tenor | |
| Maharashtra | MAHARASHTRA SGS 2049 | 2026-10-06 | 7.9852 | 7.9921 | – | 2,049 | 2,200 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2043 | 2026-10-06 | 7.9901 | 8.0100 | 17.0 | 2,043 | 2,000 | Explicit new-issue auction tenor | |
| Maharashtra | MAHARASHTRA SGS 2039 | 2026-10-06 | 7.9546 | 7.9788 | – | 2,039 | 1,500 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2031 | 2026-10-06 | 7.6045 | 7.6297 | – | 2,031 | 1,500 | Exact maturity unavailable | |
| Madhya Pradesh | MADHYA PRADESH SGS 2056 | 2026-10-06 | 7.9632 | 7.9794 | – | 2,056 | 1,000 | Exact maturity unavailable | |
| Madhya Pradesh | MADHYA PRADESH SGS 2044 | 2026-10-06 | 7.9855 | 7.9877 | – | 2,044 | 1,000 | Exact maturity unavailable | |
| Madhya Pradesh | MADHYA PRADESH SGS 2036 | 2026-10-06 | 7.8958 | 7.9100 | 10.0 | 2,036 | 1,000 | Explicit new-issue auction tenor | |
| Karnataka | KARNATAKA SGS 2034 | 2026-10-06 | 7.8397 | 7.8600 | 8.0 | 2,034 | 2,000 | Explicit new-issue auction tenor | |
| Jammu and Kashmir | JAMMU AND KASHMIR SGS 2051 | 2026-10-06 | 7.9945 | 8.0100 | 25.0 | 2,051 | 800 | Explicit new-issue auction tenor | |
| Himachal Pradesh | HIMACHAL PRADESH SGS 2044 | 2026-10-06 | 8.0029 | 8.0061 | – | 2,044 | 600 | Exact maturity unavailable | |
| Goa | GOA SGS 2034 | 2026-10-06 | 7.8500 | 7.8500 | 8.0 | 2,034 | 200 | Explicit new-issue auction tenor | |
| Andhra Pradesh | ANDHRA PRADESH SGS 2042 | 2026-10-06 | 7.9937 | 7.9971 | – | 2,042 | 1,000 | Exact maturity unavailable | |
| Andhra Pradesh | ANDHRA PRADESH SGS 2035 | 2026-10-06 | 7.8905 | 7.9197 | – | 2,035 | 1,000 | Exact maturity unavailable | |
| West Bengal | WEST BENGAL SGS 2052 | 2026-09-29 | 7.9532 | 7.9541 | – | 2,052 | 2,200 | Exact maturity unavailable | |
| West Bengal | WEST BENGAL SGS 2044 | 2026-09-29 | 7.9823 | 7.9867 | – | 2,044 | 1,500 | Exact maturity unavailable | |
| West Bengal | WEST BENGAL SGS 2031 | 2026-09-29 | 7.6733 | 7.6966 | – | 2,031 | 1,000 | Exact maturity unavailable | |
| Uttarakhand | UTTARAKHAND SGS 2048 | 2026-09-29 | 7.9721 | 7.9731 | – | 2,048 | 300 | Exact maturity unavailable | |
| Uttar Pradesh | UTTAR PRADESH SGS 2051 | 2026-09-29 | 7.9500 | 7.9500 | 25.0 | 2,051 | 1,000 | Explicit new-issue auction tenor | |
| Uttar Pradesh | UTTAR PRADESH SGS 2042 | 2026-09-29 | 7.9866 | 7.9889 | – | 2,042 | 1,000 | Exact maturity unavailable | |
| Uttar Pradesh | UTTAR PRADESH SGS 2032 | 2026-09-29 | 7.6962 | 7.7094 | – | 2,032 | 500 | Exact maturity unavailable | |
| Tamil Nadu | TAMIL NADU SGS 2051 | 2026-09-29 | 7.9569 | 7.9588 | – | 2,051 | 2,000 | Exact maturity unavailable | |
| Sikkim | SIKKIM SGS 2042 | 2026-09-29 | 7.9800 | 7.9800 | 16.0 | 2,042 | 200 | Explicit new-issue auction tenor | |
| Sikkim | SIKKIM SGS 2030 | 2026-09-29 | 7.5458 | 7.5500 | 4.0 | 2,030 | 200 | Explicit new-issue auction tenor | |
| Madhya Pradesh | MADHYA PRADESH SGS 2056 | 2026-09-29 | 7.9463 | 7.9463 | – | 2,056 | 700 | Exact maturity unavailable | |
| Madhya Pradesh | MADHYA PRADESH SGS 2044 | 2026-09-29 | 7.9821 | 7.9832 | – | 2,044 | 800 | Exact maturity unavailable | |
| Kerala | KERALA SGS 2039 | 2026-09-29 | 7.9395 | 7.9562 | – | 2,039 | 1,000 | Exact maturity unavailable | |
| Kerala | KERALA SGS 2033 | 2026-09-29 | 7.8413 | 7.8491 | – | 2,033 | 800 | Exact maturity unavailable | |
| Jharkhand | JHARKHAND SGS 2042 | 2026-09-29 | 7.9549 | 7.9549 | – | 2,042 | 100 | Exact maturity unavailable | |
| Jharkhand | JHARKHAND SGS 2038 | 2026-09-29 | 7.9406 | 7.9406 | – | 2,038 | 100 | Exact maturity unavailable | |
| Haryana | HARYANA SGS 2048 | 2026-09-29 | 7.9630 | 7.9729 | – | 2,048 | 1,500 | Exact maturity unavailable | |
| Haryana | HARYANA SGS 2040 | 2026-09-29 | 7.9293 | 7.9689 | – | 2,040 | 1,000 | Exact maturity unavailable | |
| Chhattisgarh | CHHATTISGARH SGS 2042 | 2026-09-29 | 7.9767 | 7.9767 | – | 2,042 | 250 | Exact maturity unavailable | |
| Chhattisgarh | CHHATTISGARH SGS 2035 | 2026-09-29 | 7.8870 | 7.8903 | – | 2,035 | 250 | Exact maturity unavailable | |
| Bihar | BIHAR SGS 2051 | 2026-09-29 | 7.9568 | 7.9643 | – | 2,051 | 1,200 | Exact maturity unavailable | |
| Bihar | BIHAR SGS 2035 | 2026-09-29 | 7.8569 | 7.8797 | – | 2,035 | 800 | Exact maturity unavailable | |
| Assam | ASSAM SGS 2046 | 2026-09-29 | 7.9703 | 7.9724 | – | 2,046 | 800 | Exact maturity unavailable | |
| Rajasthan | RAJASTHAN SGS 2053 | 2026-09-22 | 7.8765 | 7.8820 | – | 2,053 | 2,200 | Exact maturity unavailable | |
| Rajasthan | RAJASTHAN SGS 2044 | 2026-09-22 | 7.8987 | 7.9052 | – | 2,044 | 2,200 | Exact maturity unavailable | |
| Punjab | PUNJAB SGS 2041 | 2026-09-22 | 7.8920 | 7.9100 | 15.0 | 2,041 | 1,500 | Explicit new-issue auction tenor | |
| Punjab | PUNJAB SGS 2031 | 2026-09-22 | 7.5158 | 7.5400 | 5.0 | 2,031 | 500 | Explicit new-issue auction tenor | |
| Maharashtra | MAHARASHTRA SGS 2049 | 2026-09-22 | 7.8728 | 7.8776 | – | 2,049 | 1,600 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2039 | 2026-09-22 | 7.8279 | 7.8455 | – | 2,039 | 2,400 | Exact maturity unavailable | |
| Maharashtra | MAHARASHTRA SGS 2031 | 2026-09-22 | 7.3163 | 7.3286 | – | 2,031 | 1,000 | Exact maturity unavailable | |
| Jammu and Kashmir | JAMMU AND KASHMIR SGS 2044 | 2026-09-22 | 7.8955 | 7.8987 | – | 2,044 | 600 | Exact maturity unavailable | |
| Gujarat | GUJARAT SGS 2041 | 2026-09-22 | 7.8160 | 7.8300 | – | 2,041 | 1,000 | Exact maturity unavailable | |
| Gujarat | GUJARAT SGS 2036 | 2026-09-22 | 7.7126 | 7.7244 | – | 2,036 | 1,000 | Exact maturity unavailable | |
| Goa | GOA SGS 2041 | 2026-09-22 | 7.8800 | 7.8800 | 15.0 | 2,041 | 150 | Explicit new-issue auction tenor | |
| Andhra Pradesh | ANDHRA PRADESH SGS 2051 | 2026-09-22 | 7.8827 | 7.8874 | – | 2,051 | 1,600 | Exact maturity unavailable | |
| Andhra Pradesh | ANDHRA PRADESH SGS 2039 | 2026-09-22 | 7.8652 | 7.8793 | – | 2,039 | 1,000 | Exact maturity unavailable |
Auction tables link each security to its RBI release. Observation dates stay visible when a source update is delayed.
What the data covers
Coverage comes before a smooth line. Bonds with missing or complex terms remain outside the corporate curves.
The archive contains 20,128 bond-day observations from 10 Sept 2026 through 23 Oct 2026. On the chart date, 11 corporate bonds and 4 central-government bonds pass the filters.
Corporate bonds require confirmed fixed coupons, seniority, no put or call options, full redemption and a usable rating. Ratings use the lowest eligible verified agency grade. Newly collected reference snapshots are used from their collection date onward, so today’s terms and ratings do not rewrite historical curves.
The government curve uses NSE’s wholesale debt report. State government bonds have a separate view. Treasury bills are excluded while their quoted-yield convention is being checked. Corporate trades use the NSE CBM bhavcopy and direct BSE trade-and-settlement reports. NSE takes precedence when both sources contain an ISIN on the same date; reporting and settlement views are never added together. BSE includes accepted OTC and RFQ trades, with only YTM yields eligible. Its reported value is face value; NSE reports traded value, so the combined value column is a coverage measure.
| Reason excluded | Observations on chart date |
|---|---|
| terms not verified | 376 |
| terms incomplete | 173 |
| complex structure | 47 |
| issuer unavailable | 36 |
| maturity conflict | 14 |
| tbill yield convention unverified | 7 |
| rating unavailable | 2 |
| outside corporate bond universe | 2 |
| turnover below 1 crore | 1 |
Collection gaps and reference-data issues (18)
| Source | Requested date | ISIN | Issue | More |
|---|---|---|---|---|
| cbm | 2026-10-20 | – | 404 from https://nsearchives.nseindia.com/archives/debt/cbm/cbm_trd20261020.csv (direct) | |
| wdm | 2026-10-20 | – | 404 from https://nsearchives.nseindia.com/content/debt/dly20102026.zip (direct) | |
| wdm_master | 2026-10-20 | – | 404 from https://nsearchives.nseindia.com/content/historical/WDM/2026/OCT/wdmlist_20102026.csv (direct) | |
| BSE direct trade & settlement | – | – | BSE browser collection failed: BSE repository HTTP 403 | |
| CDSL | – | INE261F08EW0 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE416P07031 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0NRM07050 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE261F08EL3 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE557F08GB0 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0I8508060 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0I8508136 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0P3O07013 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE756I07EV7 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0I8508128 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE205A08020 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE018A08BM2 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0I8508052 | CDSL ISIN mismatch or block page | |
| CDSL | – | INE0I8508144 | CDSL ISIN mismatch or block page |
A missing file is a collection gap, not zero trading. Weekends are skipped; weekday files that were unavailable are retried on later runs. Recent files are fetched again to capture corrections.
The workings
The question
Data
Every chart has a table view, a CSV download and a link to its published JSON. Bundles are listed in data status.