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Power Finance Corporation 8.92% Nov 2033 NCD

AAA Secured NCD

Power Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
8.92%
Per annum
Maturity Date
16 Nov 2033
7.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~8.92%
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
+231 bps
vs 7.2Y G-Sec at 6.61% *
Above the median spread for similar-tenor peers
Tenure
7.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-08-14 2026-08-27
Cashflow Timeline
16 Nov 2026
Interest Payment
₹89.20 / Bond
16 Nov 2027
Interest Payment
₹89.20 / Bond
16 Nov 2028
Interest Payment
₹89.20 / Bond
16 Nov 2029
Interest Payment
₹89.20 / Bond
16 Nov 2030
Interest Payment
₹89.20 / Bond
16 Nov 2031
Interest Payment
₹89.20 / Bond
16 Nov 2032
Interest Payment
₹89.20 / Bond
16 Nov 2033
Principal Payment
₹1,000.00 / Bond

Next 7 coupons + 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 2013-11-16 Matures 2033-11-16

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

Key Metrics
Coupon Rate
8.92%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
7.2 Years
Advanced metrics
Modified Duration
4.83 Yrs
Macaulay Duration
5.26 Yrs
Issue Size
₹862 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
4.83 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
22
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 22 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.08 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
2013-11-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Power Finance Corporation Limited issued this secured, rated, ncd (8.92% SECURED TAX FREE REDEEMEBLE NON CONVERTIBLE BONDS. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY: 16/11/2033) carrying a 8.92% 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
2026-08-27 127.9100 300
2026-08-26 128.1950 132
2026-08-25 127.9400 222
2026-08-24 128.4000 None
2026-08-21 128.4000 None
2026-08-20 128.4000 None
2026-08-19 127.5100 99
2026-08-18 128.0420 487
2026-08-17 127.8480 None
2026-08-14 128.0000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2013-12-01
Rating Actions History 2 2026-08-05
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 Power Finance Corporation 8.92% Nov 2033 NCD?

Power Finance Corporation 8.92% Nov 2033 NCD carries a coupon of 8.92%, paid annual, on a face value of ₹1,000.

When does Power Finance Corporation 8.92% Nov 2033 NCD mature?

Power Finance Corporation 8.92% Nov 2033 NCD matures on 2033-11-16, 7.2 years from today.

What is Power Finance Corporation 8.92% Nov 2033 NCD rated?

Power Finance Corporation 8.92% Nov 2033 NCD is rated AAA by ICRA. As of 2013-12-01.

Is Power Finance Corporation 8.92% Nov 2033 NCD secured?

Power Finance Corporation 8.92% Nov 2033 NCD is a secured bond.

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