V

Vadodara Municipal 7.90% Mar 2029 NCD

AA+ Unsecured NCD

Vadodara Municipal Corporation

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
7.90%
Per annum
Maturity Date
04 Mar 2029
2.5 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.90%
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
+159 bps
vs 2.5Y G-Sec at 6.31% *
Below the median spread for similar-tenor peers
Tenure
2.5 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 Sep 2026
Interest Payment
₹3,950.00 / Bond
4 Mar 2027
Interest Payment
₹3,950.00 / Bond
4 Sep 2027
Interest Payment
₹3,950.00 / Bond
4 Mar 2028
Interest Payment
₹3,950.00 / Bond
4 Sep 2028
Interest Payment
₹3,950.00 / Bond
4 Mar 2029
Principal Payment
₹100,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AA by CRISIL on 2026-07-17 Issued 2024-03-04 Matures 2029-03-04

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.90%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.16 Yrs
Macaulay Duration
2.24 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.16 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
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.10 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
2024-03-04
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.90% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE GREEN MUNICIPAL BOND IN NATUE OF DEBENTURE DATE OF MATURITY 04/03/2029 is a rated, redeemable ncd issued by Vadodara Municipal Corporation. The bond offers a fixed coupon of 7.90% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-17 CRISIL Initial AA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2024-02-13
Rating Actions History 1 2026-07-17
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

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Frequently Asked Questions
What is the coupon rate on Vadodara Municipal 7.90% Mar 2029 NCD?

Vadodara Municipal 7.90% Mar 2029 NCD carries a coupon of 7.90%, paid semi annual, on a face value of ₹100,000.

When does Vadodara Municipal 7.90% Mar 2029 NCD mature?

Vadodara Municipal 7.90% Mar 2029 NCD matures on 2029-03-04, 2.5 years from today.

What is Vadodara Municipal 7.90% Mar 2029 NCD rated?

Vadodara Municipal 7.90% Mar 2029 NCD is rated AA+ by INDIA_RATINGS. As of 2024-02-13.

Is Vadodara Municipal 7.90% Mar 2029 NCD secured?

Vadodara Municipal 7.90% Mar 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer
V
Vadodara Municipal 7.15% Mar 2027 NCD
AA
Coupon
7.15%
Maturity
28 Mar 2027
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