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Power Finance Corporation ZC 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
7.73%
Market YTM
Coupon Rate
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)
7.73%
Live, last traded 2026-08-03
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+99 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)
2026-07-28 2026-08-03
Cashflow Timeline

Single payment at maturity

Zero-coupon / bullet bond — principal repaid on 2031-01-22.
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
YTM (Annual)
7.73%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹1,251 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-03
BSE
Trades (30 Days)
10
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 10 secondary-market trades recorded in the last 30 days.
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

Power Finance Corporation Limited issued this secured, rated, ncd (10 YEAR G-SEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE I .SERIES V CATEGORY III & IV. DATE OF MATURITY 22/01/2031.) carrying a 0.00% 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
2026-08-03 99.0600 7.7300 1
2026-07-30 98.8100 7.8000 1
2026-07-28 93.6000 9.2800 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-01-08
Rating Actions History 2 2026-08-05
Secondary-Market Trades 3 BSE 2026-08-03
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
When does Power Finance Corporation ZC Jan 2031 NCD mature?

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

What is Power Finance Corporation ZC Jan 2031 NCD rated?

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

Is Power Finance Corporation ZC Jan 2031 NCD secured?

Power Finance Corporation ZC Jan 2031 NCD is a secured bond.

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

The last recorded trade on 2026-08-03 priced Power Finance Corporation ZC Jan 2031 NCD at ₹99.06, implying a yield to maturity of 7.73%.

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