# About state development bond issue (SDL)
**URL:** https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826
**Category:** Bonds
**Created:** [May 22, 2024, 12:18pm UTC](https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826 "2024-05-22T12:18:29Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@Trupti\_Khedekar](https://tradingqna.com/u/Trupti_Khedekar)
#### Post date: [May 22, 2024, 12:18pm UTC](https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826/1 "2024-05-22T12:18:29Z")
HELLO,
Recently i have purchased Andhra Pradesh state development bond.
After allotment of there is no movement in bond price since last 3 months.
I am not able to understand how to check status of bond . Please help.
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### Author:  [@cvs](https://tradingqna.com/u/cvs)
#### Post date: [May 22, 2024, 3:10pm UTC](https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826/2 "2024-05-22T15:10:12Z")
Typically, such GSEC and SDL bonds
will NOT have any liquidity in the secondary markets (NSE, BSE).
**One usually holds them till maturity
and receives the entire face-value of the bond upon maturity,
earning interest on it for the duration one holds the bond.**
Interest (every 6 months) and principal (upon maturity) are received automatically in the bank account linked to the demat account holding the security.
* * *
To get rid of such illiquid bonds in a hurry on the secondary markets (NSE/BSE)
the strategy is to basically offer all the bonds one is holding
and sell-off whatever quantity (even part of one’s entire holdings) one can
at progressively lower rates (even lower circuit limits),
as circuit-limits reduce further each day after a trade occurs at a lower price.
For more details, checkout **[this topic-thread](https://tradingqna.com/t/how-to-sell-state-development-loans-sdl/143454/3)** where this scenario was recently discussed.
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### Author:  [@Chetan\_Nahata](https://tradingqna.com/u/Chetan_Nahata)
#### Post date: [May 22, 2024, 4:04pm UTC](https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826/3 "2024-05-22T16:04:19Z")
@cvs I see these kinds of posts coming up quite often about someone dealing in some sort of product people don’t understand. Is it the case or it’s in my head?
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### Author:  [@cvs](https://tradingqna.com/u/cvs)
#### Post date: [May 23, 2024, 3:55am UTC](https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826/4 "2024-05-23T03:55:32Z")
> [@Chetan\_Nahata](#):
>
> Is it the case or it’s in my head?
Definitely happening all the time.
_(not something you are dreaming up 😅)_
**I suppose everyone has to start somewhere.** 🙂
It wasn’t that long ago,
when i experimented with corporate bonds (a small amount),
had insightful discussions with the TradingQnA community,
and [documented my experience](https://tradingqna.com/t/am-i-getting-15-returns-before-taxes-on-this-bond/125165).
Hopefully, most folks aren’t going all-in with their entire savings into products that they do not fully understand yet, and are just experimenting with. 🤞🏽
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### Author:  [@Chetan\_Nahata](https://tradingqna.com/u/Chetan_Nahata)
#### Post date: [May 23, 2024, 5:38am UTC](https://tradingqna.com/t/about-state-development-bond-issue-sdl/165826/5 "2024-05-23T05:38:21Z")
> [@cvs](#):
>
> It wasn’t that long ago,
> when i experimented with corporate bonds (a small amount),
I’m doing this rn 🙂