Fixed Income > Top Picks by Sovereign Global

7.72 Andhra Pradesh SDL 19 Aug 2035

ISIN: IN1020220423

7.72% | Senior Unsecured | Maturity 19-08-2035

Issue Highlights
Coupon Rate

7.72%

Highest Credit Rating

Sovereign

Interest Payment Frequency

Half Yearly

Maturity Date

8/19/2035

Face Value

100

Rank

Sovereign

Taxable

Yes

Guaranteed

Covenants
Call Option

No

Call Date

Put Option

No

Put Date

Risk Factors
Secured

No

Seniority in repayments by Issuer

Senior

Asset Coverage

Asset Coverage %

Asset Coverage Remarks

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

Issue Details
Issue Date

8/19/2022

Issue Size

Mode of Issue

Listed

Yes

Trustee

Registrar

Bonds Calculator

COMING SOON

Coupon (%)
Maturity
Call Date
NA
Put Date
NA
OR
Price per 100
Yield to Maturity
%
Settlement Date
No. of Bonds
1
Yield Movement
₹1.0000 @50.0000%
₹4,446.03
Number of Bonds 2
Accrued Days (Last IP Date)
48 (21/01/2026)
Accrued Interest
₹2,446.03
Principal Amount
₹2,000.00
Stamp Duty
₹0.00
Settlement Amount
₹4,446.03
@50.0000%
What is my risk?
Repayment Priority

Higher the level, higher the priority of investment repayment on default

Security with Collateral?

An investment secured with collateral helps

Type of Guarantee

Guarantee of investment by third-party if company defaults

What other details I need to know?

Other Information

Coupon Type

Fixed

Next Coupon Date

8/18/2026

Previous Coupon Date

2/18/2026

Day Count Convention

Shut Period

1 Day

Step Up Details

None

Step Down Details

None

Maturity Type

Single

Cash Flow
Payment Date Record Date Coupon Principal Total
Coming Soon
Credit Rating
Each bond is regularly evaluated by multiple reputed rating agencies
Credit Rating

Credit Agency

Credit Outlook

Date of Rating

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Rating Rationale