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Power Finance Corporation 7.60% Oct 2035 NCD

AAA Secured NCD

Power Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
No live YTM available
Coupon Rate
7.60%
Per annum
Maturity Date
17 Oct 2035
9.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~7.60%
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
+131 bps
vs 9.1Y G-Sec at 6.29% *
Below the median spread for similar-tenor peers
Tenure
9.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-07-23 2026-08-27
Cashflow Timeline
17 Oct 2026
Interest Payment
₹76.00 / Bond
17 Oct 2027
Interest Payment
₹76.00 / Bond
17 Oct 2028
Interest Payment
₹76.00 / Bond
17 Oct 2029
Interest Payment
₹76.00 / Bond
17 Oct 2030
Interest Payment
₹76.00 / Bond
17 Oct 2031
Interest Payment
₹76.00 / Bond
17 Oct 2032
Interest Payment
₹76.00 / Bond
17 Oct 2033
Interest Payment
₹76.00 / Bond
17 Oct 2035
Principal Payment
₹1,000.00 / Bond

Next 8 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 2015-10-17 Matures 2035-10-17

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

Key Metrics
Coupon Rate
7.60%
YTM (Annual)
Credit Rating
AAA
(CARE)
Remaining Tenure
9.1 Years
Advanced metrics
Modified Duration
6.03 Yrs
Macaulay Duration
6.49 Yrs
Issue Size
₹155 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
6.03 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
11
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 11 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.40 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
2015-10-17
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by Power Finance Corporation Limited, 7.60% SECURED REDEEMABLE NON CONVERTIBLE TAXFREE BONDS IN THE NATURE OF DEBENTURES. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 17/10/2035 is a secured, rated, ncd paying a 7.60% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

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
2026-08-27 120.0100 None
2026-08-24 120.7020 None
2026-08-21 121.4750 None
2026-08-20 120.9130 None
2026-08-14 120.7000 None
2026-08-13 120.6150 None
2026-08-05 120.6010 None
2026-08-03 120.3040 None
2026-07-30 120.2530 None
2026-07-23 122.9900 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2015-09-17
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 7.60% Oct 2035 NCD?

Power Finance Corporation 7.60% Oct 2035 NCD carries a coupon of 7.60%, paid annual, on a face value of ₹1,000.

When does Power Finance Corporation 7.60% Oct 2035 NCD mature?

Power Finance Corporation 7.60% Oct 2035 NCD matures on 2035-10-17, 9.1 years from today.

What is Power Finance Corporation 7.60% Oct 2035 NCD rated?

Power Finance Corporation 7.60% Oct 2035 NCD is rated AAA by CARE. As of 2015-09-17.

Is Power Finance Corporation 7.60% Oct 2035 NCD secured?

Power Finance Corporation 7.60% Oct 2035 NCD is a secured bond.

Can Power Finance Corporation 7.60% Oct 2035 NCD be called or put back early?

Power Finance Corporation 7.60% Oct 2035 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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