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How to interpret SDL, T-bill, and G-secs names or symbols?

You can interpret SDL, T-bill, and G-secs symbols by understanding their unique combination of numbers and alphabets that provide key information about each security.

State Development Loans (SDL)

Example: 709UP30-SG

  • 709: 7.09% annualised interest rate
  • UP: Uttar Pradesh (issuing state)
  • 30: 2030 (year of maturity)
  • SG: State government

Treasury Bills (T-bill)

Example: 364D221222-TB

  • 364D: Tenure of 364 days
  • 221222: 22nd December 2022 (maturity date)
  • TB: Treasury bill

Government Securities (G-sec)

Example: 522GS2025-GS

  • 522: 5.22% annualised interest rate
  • GS: Government security
  • 2025: Year of maturity
  • GS: Government security

You can learn more by visiting Government securities module on Varsity.

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