Outstanding Government of India Securities (G-secs) and the interest payment dates

Bonds
1
S.No. Nomenclature Date of issue Date of maturity Date of Coupon Payments (month/date)
2022-23
1 6.84% GS 2022 12-Sep-2016 19-Dec-2022 Jun 19 & Dec 19
2023-24
2 6.30% GS 2023 9-Apr-2003 9-Apr-2023 Oct 9 & Apr 9
3 7.37% GS 2023 16-Apr-2018 16-Apr-2023 Oct 16 & Apr 16
4 4.26% GS 2023 17-May-2021 17-May-2023 Nov 17 & May 17
5 7.16% GS 2023 20-May-2013 20-May-2023 Nov 20 & May 20
6 1.44% IIGS 2023 5-Jun-2013 5-Jun-2023 Dec 5 & Jun 5
7 6.17% GS 2023 (conv) 12-Jun-2003 12-Jun-2023 Dec 12 & Jun 12
8 4.48% GS 2023 2-Nov-2020 2-Nov-2023 May 2 & Nov 2
9 8.83% GS 2023 25-Nov-2013 25-Nov-2023 May 25 & Nov 25
10 4.56% GS 2023 29-Nov-2021 29-Nov-2023 May 29 & Nov 29
11 7.68% GS 2023 27-Apr-2015 15-Dec-2023 Jun 15 & Dec 15
12 7.32% GS 2024 28-Jan-2019 28-Jan-2024 Jul 28 & Jan 28
2024-25
13 7.35% GS 2024 22-Jun-2009 22-Jun-2024 Dec 22 & Jun 22
14 6.69% GS 2024 27-Jun-2022 27-Jun-2024 Dec 27 & Jun 27
15 8.40% GS 2024 28-Jul-2014 28-Jul-2024 Jan 28 & Jul 28
16 6.18% GS 2024 4-Nov-2019 4-Nov-2024 May 4 & Nov 4
17 FRB 2024 7-Nov-2016 7-Nov-2024 May 7 & Nov 7
18 9.15% GS 2024 14-Nov-2011 14-Nov-2024 May 14 & Nov 14
2025-26
19 7.72% GS 2025 25-May-2015 25-May-2025 25 Nov & 25 May
20 5.22% GS 2025 15-Jun-2020 15-Jun-2025 Dec 15 & Jun 15
21 8.20% GS 2025 24-Sep-2012 24-Sep-2025 Mar 24 & Sep 24
22 5.97% GS 2025 (Conv) 25-Sep-2003 25-Sep-2025 Mar 25 & Sep 25
23 5.15% GS 2025 9-Nov-2020 9-Nov-2025 May 9 & Nov 9
24 7.59% GS 2026 11-Jan-2016 11-Jan-2026 Jul 11 & Jan 11
2026-27
25 7.27% GS 2026 8-Apr-2019 8-Apr-2026 Oct 8 & Apr 8
26 5.63% GS 2026 12-Apr-2021 12-Apr-2026 Oct 12 & Apr 12
27 8.33% GS 2026 9-Jul-2012 9-Jul-2026 Jan 9 & Jul 9
28 6.97% GS 2026 6-Sep-2016 6-Sep-2026 Mar 6 & Sep 6
29 10.18% GS 2026 11-Sep-2001 11-Sep-2026 Mar 11 & Sep 11
30 5.74% GS 2026 15-Nov-2021 15-Nov-2026 May 15 & Nov 15
31 8.15% GS 2026 24-Nov-2014 24-Nov-2026 May 24 & Nov 24
32 8.24% GS 2027 15-Feb-2007 15-Feb-2027 Aug 15 & Feb 15
2027-28
33 6.79% GS 2027 15-May-2017 15-May-2027 Nov 15 & May 15
34 7.38% GS 2027 20-Jun-2022 20-Jun-2027 Dec 20 & Jun 20
35 8.26% GS 2027 2-Aug-2007 2-Aug-2027 Feb 2 & Aug 2
36 8.28% GS 2027 21-Sep-2007 21-Sep-2027 Mar 21 & Sep 21
37 6.01% GS 2028 (C Align) 8-Aug-2003 25-Mar-2028 Sep 25 & Mar 25
38 7.17% GS 2028 8-Jan-2018 8-Jan-2028 Jul 8 & Jan 8
2028-29
39 8.60% GS 2028 2-Jun-2014 2-Jun-2028 Dec 2 & Jun 2
40 6.13% GS 2028 4-Jun-2003 4-Jun-2028 Dec 4 & Jun 4
41 FRB 2028 4-Oct-2021 4-Oct-2028 Sep 4 & Mar 4
42 7.59% GS 2029 19-Oct-2015 20-Mar-2029 Sep 20 & Mar 20
43 7.26% GS 2029 14-Jan-2019 14-Jan-2029 Jul 14 & Jan 14
2029-30
44 7.10% GS 2029 18-Apr-2022 18-Apr-2029 Oct 18 & Apr 18
45 6.45% GS 2029 7-Oct-2019 7-Oct-2029 Apr 7 & Oct 7
46 6.79% GS 2029 26-Dec-2016 26-Dec-2029 Jun 26 & Dec 26
47 7.88% GS 2030 11-May-2015 19-Mar-2030 Sep 19 & Mar 19
2030-31
48 7.61% GS 2030 9-May-2016 9-May-2030 Nov 9 & May 9
49 5.79% GS 2030 11-May-2020 11-May-2030 Nov 11 & May 11
50 5.77% GS 2030 3-Aug-2020 3-Aug-2030 Feb 3 & Aug 3
51 9.20% GS 2030 30-Sep-2013 30-Sep-2030 Mar 30 & Sep 30
52 5.85% GS 2030 1-Dec-2020 1-Dec-2030 Jun 1 & Dec 1
53 8.97% GS 2030 5-Dec-2011 5-Dec-2030 Jun 5 & Dec 5
2031-32
54 6.10% GS 2031 12-Jul-2021 12-Jul-2031 Jan 12 & Jul 12
55 6.68% GS 2031 4-Sep-2017 17-Sep-2031 Mar 17 & Sep 17
56 FRB 2031 7-May-2018 7-Dec-2031 Jun 7 & Dec 7
57 6.54% GS 2032 17-Jan-2022 17-Jan-2032 Jul 17 & Jan 17
58 8.28% GS 2032 15-Feb-2007 15-Feb-2032 Aug 15 & Feb 15
2032-33
59 8.32% GS 2032 2-Aug-2007 2-Aug-2032 Feb 2 & Aug 2
60 7.26% GS 2032 22-Aug-2022 22-Aug-2032 Feb 22 & Aug 22
61 7.95% GS 2032 28-Aug-2002 28-Aug-2032 Feb 28 & Aug 28
62 8.33% GS 2032 21-Sep-2007 21-Sep-2032 Mar 21 & Sep 21 (BSE)
2033-34
63 7.57% GS 2033 20-May-2019 17-Jun-2033 Dec 17 & Jun 17
64 FRB 2033 22-Jun-2020 22-Sep-2033 Mar 22 & Sep 22
65 8.24% GS 2033 10-Nov-2014 10-Nov-2033 May 10 & Nov 10
66 6.57% GS 2033 5-Dec-2016 5-Dec-2033 Jun 5 & Dec 5
2034-35
67 7.50% GS 2034 10-Aug-2004 10-Aug-2034 Feb 10 & Aug 10
68 6.19% GS 2034 1-Jun-2020 16-Sep-2034 Mar 16 & Sep 16
69 FRB 2034 30-Aug-2021 30-Oct-2034 Oct 30 & Apr 30
70 7.73% GS 2034 12-Oct-2015 19-Dec-2034 Jun 19 & Dec 19
71 FRB, 2035 25-Jan-2005 25-Jan-2035 Jul 25 & Jan 25 (BSE)
72 6.22% GS 2035 2-Nov-2020 16-Mar-2035 Sep 16 & Mar 16
2035-36
73 6.64% GS 2035 12-Apr-2021 16-Jun-2035 Jun 16 & Dec 16
74 7.40% GS 2035 9-Sep-2005 9-Sep-2035 Mar 9 & Sep 9
75 6.67% GS 2035 13-Sep-2021 15-Dec-2035 Dec 15 & Jun 15
2036-37
76 7.54% GS 2036 23-May-2022 23-May-2036 Nov 23 & May 23
77 8.33% GS 2036 7-Jun-2006 7-Jun-2036 Dec 7 & Jun 7
2038-39
78 6.83% GS 2039 19-Jan-2009 19-Jan-2039 Jul 19 & Jan 19
2039-40
79 7.62% GS 2039 8-Apr-2019 15-Sep-2039 Mar 15 & Sep 15
2040-41
80 8.30% GS 2040 2-Jul-2010 2-Jul-2040 Jan 2 & Jul 2
2041-42
81 8.83% GS 2041 12-Dec-2011 12-Dec-2041 Jun 12 & Dec 12
2042-43
82 8.30% GS 2042 31-Dec-2012 31-Dec-2042 Jun 30 & Dec 31
2043-44
83 7.69% GS 2043 30-Apr-2019 17-Jun-2043 Dec 17 & Jun 17
84 9.23% GS 2043 23-Dec-2013 23-Dec-2043 Jun 23 & Dec 23
2044-45
85 8.17% GS 2044 1-Dec-2014 1-Dec-2044 Jun 1 & Dec 1
2045-46
86 8.13% GS 2045 22-Jun-2015 22-Jun-2045 Dec 22 & Jun 22
2046-47
87 7.06% GS 2046 10-Oct-2016 10-Oct-2046 Apr 10 & Oct 10
2049-50
88 7.72% GS 2049 15-Apr-2019 15-Jun-2049 Dec 15 & Jun 15
2050-51
89 7.16% GS 2050 20-Apr-2020 20-Sep-2050 Mar 20 & Sep 20
90 6.67% GS 2050 2-Nov-2020 17-Dec-2050 Jun 17 & Dec 17
2051-52
91 6.99% GS 2051 15-Nov-2021 15-Dec-2051 Jun 15 & Dec 15
92 6.62% GS 2051 28-Nov-2016 28-Nov-2051 May 28 & Nov 28
2052-53
93 7.36% GS 2052 12-Sep-2022 12-Sep-2052 Mar 12 & Sep 12
2055-56
94 7.72% GS 2055 26-Oct-2015 26-Oct-2055 Apr 26 & Oct 26
2059-60
95 7.63% GS 2059 6-May-2019 17-Jun-2059 Dec 17 & Jun 17
2060-61
96 7.19% GS 2060 13-Apr-2020 15-Sep-2060 Sep 15 & Mar 15
97 6.80% GS 2060 31-Aug-2020 15-Dec-2060 Jun 15 & Dec 15
98 6.76% GS 2061 22-Feb-2021 22-Feb-2061 Aug 22 & Feb 22
2061-62
99 6.95% GS 2061 22-Nov-2021 16-Dec-2061 Jun 16 & Dec 16
2062-63
100 7.40% GS 2062 19-Sep-2022 19-Sep-2062 Mar 19 & Sep 19

*Excludes special securities.

Table from RBI website. “Date of Coupon Payments” found as per this support page . Some Coupon Payment dates taken from BSE website. The coupon Payment date for 5.97% GS 2025 (Conv) derived from the Issue date

11 Likes
2

COMMENDABLE JOB :clap: :clap:

2 Likes
3

@Prayag 8.24% GS 2027 15-Feb-2007 15-Feb-2027 Aug 15 & Feb 15 sir this gsec coupen payement is not credited in aug 15

4

The payout is calculated on the number of days you have kept the bond in demat right?

5

The payout is calculated on the number of days you have kept the bond in demat right?

Which is always half an year for semi-annual interest payments on GSECs.

Also, if a bond is purchased on the secondary market, then whoever is holding the bond on the record-date receives the entire payout for the recently concluded period (last half an year in case of GSECs).

This is why one can notice the ASK prices of a bond on the secondary markets are relatively higher as one approaches the record-date of the bond.

1 Like
6

ok got it. i was still under the assumption that the GOI bond’s interest payout works like the SGBs

7

@bhuvan @ShubhS9 @Meher_Smaran why credit of g-secs to demat is being delayed on regular basis ???Earlier g-secs used to be credited to demat on Monday. Settlement date as per RBI auction is also Monday. Moreover, Zerodha doesn’t forget to raise brokerage invoice on Monday. Status is also shown as “allotted” on Monday on Coin platform.

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8

GSEC auction credits directly happen to your demat and the depository participant (Zerodha) is not involved in this process. We’ve noticed that GSEC credits have been delayed at times after completion of our EOD processes. In such cases, we do holdings dump to Kite every morning to ensure that securities credited late in your demat account are available for sale.

When you place a GSEC order on Coin, the amount required for the transaction is blocked in your trading account which will be debited by the clearing corp (CC) on the day of settlement i.e T+2 Monday. When the money is pulled by the CC, the invoice is generated and the excess blocked amount is reversed.

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