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Power Finance Corporation 7.00% Jan 2031 NCD

AAA Secured NCD

Power Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.75%
Market YTM
Coupon Rate
7.00%
Per annum
Maturity Date
22 Jan 2031
4.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
7.75%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+101 bps
vs 4.4Y G-Sec at 6.74%
Below the median spread for similar-tenor peers
Tenure
4.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-02 2026-08-26
Cashflow Timeline
22 Jan 2027
Interest Payment
₹70.00 / Bond
22 Jan 2028
Interest Payment
₹70.00 / Bond
22 Jan 2029
Interest Payment
₹70.00 / Bond
22 Jan 2030
Interest Payment
₹70.00 / Bond
22 Jan 2031
Principal Payment
₹1,000.00 / Bond

Next 4 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 2021-01-22 Matures 2031-01-22

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

Key Metrics
Coupon Rate
7.00%
YTM (Annual)
7.75%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.50 Yrs
Macaulay Duration
3.77 Yrs
Issue Size
₹1,636 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.50 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
12
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 12 secondary-market trades recorded in the last 30 days.
  • Coupon is 3.00 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2021-01-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Power Finance Corporation Limited, 7% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE I .SERIES IV CATEGORY III & IV. DATE OF MATURITY 22/01/2031 is a secured, rated, ncd paying a 7.00% p.a. coupon annual. The instrument 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
2026-08-26 97.2000 7.7510 687
2026-08-25 97.2000 7.7510 3
2026-08-21 97.1800 7.7600 2
2026-08-20 97.5100 7.6600 1
2026-08-18 98.8142 7.3000 1
2026-08-10 97.0900 7.7800 2
2026-07-10 98.3014 7.4356 None
2026-07-03 98.4202 7.4000 None
2026-07-02 98.4000 7.4100 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-01-08
Rating Actions History 2 2026-08-05
Secondary-Market Trades 9 NSE OTC (WAP) 2026-08-26
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 7.00% Jan 2031 NCD?

Power Finance Corporation 7.00% Jan 2031 NCD carries a coupon of 7.00%, paid annual, on a face value of ₹1,000.

When does Power Finance Corporation 7.00% Jan 2031 NCD mature?

Power Finance Corporation 7.00% Jan 2031 NCD matures on 2031-01-22, 4.4 years from today.

What is Power Finance Corporation 7.00% Jan 2031 NCD rated?

Power Finance Corporation 7.00% Jan 2031 NCD is rated AAA by CRISIL. As of 2021-01-08.

Is Power Finance Corporation 7.00% Jan 2031 NCD secured?

Power Finance Corporation 7.00% Jan 2031 NCD is a secured bond.

What yield does Power Finance Corporation 7.00% Jan 2031 NCD currently offer?

The last recorded trade on 2026-08-26 priced Power Finance Corporation 7.00% Jan 2031 NCD at ₹97.20, implying a yield to maturity of 7.75%.

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