T
AA+ Unsecured NCD

Tata Steel Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2026

Current YTM
6.56%
Market YTM
Coupon Rate
8.15%
Per annum
Maturity Date
04 Oct 2026
0.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
6.56%
Live, last traded 2026-08-18
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+129 bps
vs 0.1Y G-Sec at 5.27%
Below the median spread for similar-tenor peers
Tenure
0.1 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
4 Oct 2026
Principal Payment
₹1,000,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2016-10-04 Matures 2026-10-04
Key Metrics
Coupon Rate
8.15%
YTM (Annual)
6.56%
Credit Rating
AA+
(BRICKWORK)
Remaining Tenure
0.1 Years
Advanced metrics
Modified Duration
0.09 Yrs
Macaulay Duration
0.10 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.09 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-18
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.85 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2016-10-04
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Tata Steel Limited, TSL-8.15%-1-10-26-PVT is a rated, ncd paying a 8.15% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-18 100.1300 6.5600 2
2026-08-17 100.1040 6.8004 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2016-09-22
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-18
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on TATA STEEL 8.15% Oct 2026 NCD?

TATA STEEL 8.15% Oct 2026 NCD carries a coupon of 8.15%, paid annual, on a face value of ₹1,000,000.

When does TATA STEEL 8.15% Oct 2026 NCD mature?

TATA STEEL 8.15% Oct 2026 NCD matures on 2026-10-04, 0.1 years from today.

What is TATA STEEL 8.15% Oct 2026 NCD rated?

TATA STEEL 8.15% Oct 2026 NCD is rated AA+ by BRICKWORK. As of 2016-09-22.

Is TATA STEEL 8.15% Oct 2026 NCD secured?

TATA STEEL 8.15% Oct 2026 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does TATA STEEL 8.15% Oct 2026 NCD trade?

TATA STEEL 8.15% Oct 2026 NCD is listed on BSE.

What yield does TATA STEEL 8.15% Oct 2026 NCD currently offer?

The last recorded trade on 2026-08-18 priced TATA STEEL 8.15% Oct 2026 NCD at ₹100.13, implying a yield to maturity of 6.56%.

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