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Power Finance Corporation 7.20% Feb 2036 NCD

AAA Secured NCD

Power Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2036

Current YTM
6.89%
Market YTM
Coupon Rate
7.20%
Per annum
Maturity Date
02 Feb 2036
9.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
6.89%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+7 bps
vs 9.4Y G-Sec at 6.82%
Below the median spread for similar-tenor peers
Tenure
9.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-20 2026-08-19
Cashflow Timeline
3 Feb 2027
Interest Payment
₹72.00 / Bond
3 Feb 2028
Interest Payment
₹72.00 / Bond
3 Feb 2029
Interest Payment
₹72.00 / Bond
3 Feb 2030
Interest Payment
₹72.00 / Bond
3 Feb 2031
Interest Payment
₹72.00 / Bond
3 Feb 2032
Interest Payment
₹72.00 / Bond
3 Feb 2033
Interest Payment
₹72.00 / Bond
3 Feb 2034
Interest Payment
₹72.00 / Bond
2 Feb 2036
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 2026-02-03 Matures 2036-02-02

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

Key Metrics
Coupon Rate
7.20%
YTM (Annual)
6.89%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
9.4 Years
Advanced metrics
Modified Duration
6.47 Yrs
Macaulay Duration
6.91 Yrs
Issue Size
₹13 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
6.47 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-19
NSE CM
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.80 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
2026-02-03
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Power Finance Corporation Limited, 7.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES II TRANCHE 1 CATEGORY IV DATE OF MATURITY 02/02/2036 is a secured, rated, ncd paying a 7.20% 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
2026-08-19 102.0950 6.8939 None
2026-08-18 102.0950 6.8940 None
2026-08-10 102.0950 6.8949 None
2026-08-07 101.5000 6.9809 None
2026-08-06 100.9990 7.0536 None
2026-07-31 101.0000 7.0508 None
2026-07-30 102.1000 6.8951 None
2026-07-29 102.1000 6.8951 None
2026-07-23 90.0000 8.7697 None
2026-07-20 102.0950 6.8960 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 2 2026-08-05
Secondary-Market Trades 10 NSE CM 2026-08-19
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Power Finance Corporation 7.20% Feb 2036 NCD?

Power Finance Corporation 7.20% Feb 2036 NCD carries a coupon of 7.20%, paid annual, on a face value of ₹1,000.

When does Power Finance Corporation 7.20% Feb 2036 NCD mature?

Power Finance Corporation 7.20% Feb 2036 NCD matures on 2036-02-02, 9.4 years from today.

What is Power Finance Corporation 7.20% Feb 2036 NCD rated?

Power Finance Corporation 7.20% Feb 2036 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2026-06-28.

Is Power Finance Corporation 7.20% Feb 2036 NCD secured?

Power Finance Corporation 7.20% Feb 2036 NCD is a secured bond.

What yield does Power Finance Corporation 7.20% Feb 2036 NCD currently offer?

The last recorded trade on 2026-08-19 priced Power Finance Corporation 7.20% Feb 2036 NCD at ₹102.09, implying a yield to maturity of 6.89%.

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