I
AA Secured NCD

Indore Municipal Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
8.17%
Market YTM
Coupon Rate
8.25%
Per annum
Maturity Date
20 Feb 2032
5.5 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹250
Per Bond
Market Position
YTM (Annual)
8.17%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+118 bps
vs 5.5Y G-Sec at 6.99%
Below the median spread for similar-tenor peers
Tenure
5.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-27
Cashflow Timeline
20 Feb 2027
Interest Payment
₹10.31 / Bond
20 Aug 2027
Interest Payment
₹10.31 / Bond
20 Feb 2028
Interest Payment
₹10.31 / Bond
20 Aug 2028
Interest Payment
₹10.31 / Bond
20 Feb 2029
Interest Payment
₹10.31 / Bond
20 Aug 2029
Interest Payment
₹10.31 / Bond
20 Feb 2030
Interest Payment
₹10.31 / Bond
20 Aug 2030
Interest Payment
₹10.31 / Bond
20 Feb 2032
Principal Payment
₹250.00 / Bond

Next 8 coupons + principal at maturity · per ₹250 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-02-20 Matures 2032-02-20
Key Metrics
Coupon Rate
8.25%
YTM (Annual)
8.17%
Credit Rating
AA
(ICRA)
Remaining Tenure
5.5 Years
Advanced metrics
Modified Duration
4.33 Yrs
Macaulay Duration
4.51 Yrs
Issue Size
₹61 Cr
Minimum Investment
₹250
(1 Bond)
Market Characteristics
Modified Duration
4.33 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
16
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 16 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.75 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
2023-02-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Indore Municipal Corporation issued this secured, rated, ncd (8.25% SECURED RATED LISTED REDEEDABLE NON CONVERTIBLE GREEN MUNICIPAL BONDS IN THE NATURE DEBENTURES SERIES I STRPP D DATE OF MATURITY 20/02/2032.) carrying a 8.25% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 100.3560 8.1674 None
2026-08-26 100.0000 8.2494 None
2026-08-25 100.4000 8.1576 None
2026-08-24 100.4000 8.1577 None
2026-08-21 100.8000 8.0669 None
2026-08-20 100.8000 8.0670 None
2026-08-18 100.8000 8.0670 None
2026-08-13 100.8000 8.0668 None
2026-08-12 100.0000 8.2492 None
2026-08-10 101.9920 7.7986 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-27
Reg52(4) Payment Disclosures 0
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 8.25% Feb 2032 NCD?

Indore Municipal 8.25% Feb 2032 NCD carries a coupon of 8.25%, paid semi annual, on a face value of ₹250.

When does Indore Municipal 8.25% Feb 2032 NCD mature?

Indore Municipal 8.25% Feb 2032 NCD matures on 2032-02-20, 5.5 years from today.

What is Indore Municipal 8.25% Feb 2032 NCD rated?

Indore Municipal 8.25% Feb 2032 NCD is rated AA by ICRA and AA by CARE. As of 2026-06-28.

Is Indore Municipal 8.25% Feb 2032 NCD secured?

Indore Municipal 8.25% Feb 2032 NCD is a secured bond.

What yield does Indore Municipal 8.25% Feb 2032 NCD currently offer?

The last recorded trade on 2026-08-27 priced Indore Municipal 8.25% Feb 2032 NCD at ₹100.36, implying a yield to maturity of 8.17%.

More Bonds from This Issuer
8
Indore Municipal 8.25% Feb 2028 NCD
AA
Coupon
8.25%
Maturity
20 Feb 2028
8
Indore Municipal 8.75% Jun 2028 NCD
AA
Coupon
8.75%
Maturity
29 Jun 2028
8
Indore Municipal 8.25% Feb 2030 NCD
AA
Coupon
8.25%
Maturity
20 Feb 2030
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