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Power Finance Corporation 7.04% Mar 2028 NCD

AAA Secured NCD

Power Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
5.10%
Market YTM
Coupon Rate
7.04%
Per annum
Maturity Date
28 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
5.10%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-50 bps
vs 1.6Y G-Sec at 5.60%
Below the median spread for similar-tenor peers
Tenure
1.6 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
28 Mar 2027
Interest Payment
₹70.40 / Bond
28 Mar 2028
Principal Payment
₹1,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AAA by CRISIL on 2026-08-05 Rating action: by CRISIL on 2026-07-06 Issued 2013-03-28 Matures 2028-03-28

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.04%
YTM (Annual)
5.10%
Credit Rating
AAA
(ICRA)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.44 Yrs
Macaulay Duration
1.52 Yrs
Issue Size
₹53 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-25
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.96 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
2013-03-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Power Finance Corporation Limited issued this secured, rated, ncd (7.04% FOR CATEGORY I, II, III AND IV (COMPANY SHALL PAY AN ADDITIONAL INTEREST AT THE RATE OF 0.50% p.a. TO ORIGINAL ALLOTTEES UNDER CATEGORY IV AS PER THE TERMS OF THE ISSUE)TAX FREE SECURED REDEEMABLE NON CONVERTIBLE BONDS. (TRANCHE -II SERIES - 2). LET) carrying a 7.04% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-05 CRISIL Reaffirm AAA Stable View →
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 102.8400 5.1000 1
2026-07-20 102.7700 5.2500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2013-12-01
Rating Actions History 2 2026-08-05
Secondary-Market Trades 2 BSE 2026-08-25
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 Power Finance Corporation 7.04% Mar 2028 NCD?

Power Finance Corporation 7.04% Mar 2028 NCD carries a coupon of 7.04%, paid annual, on a face value of ₹1,000.

When does Power Finance Corporation 7.04% Mar 2028 NCD mature?

Power Finance Corporation 7.04% Mar 2028 NCD matures on 2028-03-28, 1.6 years from today.

What is Power Finance Corporation 7.04% Mar 2028 NCD rated?

Power Finance Corporation 7.04% Mar 2028 NCD is rated AAA by ICRA. As of 2013-12-01.

Is Power Finance Corporation 7.04% Mar 2028 NCD secured?

Power Finance Corporation 7.04% Mar 2028 NCD is a secured bond.

What yield does Power Finance Corporation 7.04% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Power Finance Corporation 7.04% Mar 2028 NCD at ₹102.84, implying a yield to maturity of 5.10%.

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