I
AA Secured NCD

Indore Municipal Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
8.75%
Per annum
Maturity Date
29 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹750,000
Per Bond
Market Position
YTM (Annual) EST
~8.75%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+350 bps
vs 1.8Y G-Sec at 5.25% *
Above the median spread for similar-tenor peers
Tenure
1.8 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
29 Dec 2026
Interest Payment
₹32,812.50 / Bond
29 Jun 2027
Interest Payment
₹32,812.50 / Bond
29 Dec 2027
Interest Payment
₹32,812.50 / Bond
29 Jun 2028
Principal Payment
₹750,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹750,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2018-06-29 Matures 2028-06-29
Key Metrics
Coupon Rate
8.75%
YTM (Annual)
Credit Rating
AA
(BRICKWORK)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.64 Yrs
Macaulay Duration
1.71 Yrs
Issue Size
₹140 Cr
Minimum Investment
₹750,000
(1 Bond)
Market Characteristics
Modified Duration
1.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2018-06-29
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SEIRES I. DATE OF MAUTRITY 29/06/2028 is a secured, rated, redeemable ncd issued by Indore Municipal Corporation. The bond offers a fixed coupon of 8.75% p.a. with semi annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2018-06-15
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Indore Municipal 8.75% Jun 2028 NCD?

Indore Municipal 8.75% Jun 2028 NCD carries a coupon of 8.75%, paid semi annual, on a face value of ₹750,000.

When does Indore Municipal 8.75% Jun 2028 NCD mature?

Indore Municipal 8.75% Jun 2028 NCD matures on 2028-06-29, 1.8 years from today.

What is Indore Municipal 8.75% Jun 2028 NCD rated?

Indore Municipal 8.75% Jun 2028 NCD is rated AA by BRICKWORK. As of 2018-06-15.

Is Indore Municipal 8.75% Jun 2028 NCD secured?

Indore Municipal 8.75% Jun 2028 NCD is a secured bond.

Can Indore Municipal 8.75% Jun 2028 NCD be called or put back early?

Indore Municipal 8.75% Jun 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

More Bonds from This Issuer
8
Indore Municipal 8.25% Feb 2028 NCD
AA
Coupon
8.25%
Maturity
20 Feb 2028
8
Indore Municipal 8.25% Feb 2030 NCD
AA
Coupon
8.25%
Maturity
20 Feb 2030
8
Indore Municipal 8.25% Feb 2032 NCD
AA
Coupon
8.25%
Maturity
20 Feb 2032
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