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Power Finance Corporation 7.00% Feb 2031 NCD

AAA Secured NCD

Power Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.00%
Market YTM
Coupon Rate
7.00%
Per annum
Maturity Date
03 Feb 2031
4.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
7.00%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+26 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)
2026-08-07 2026-08-26
Cashflow Timeline
3 Feb 2027
Interest Payment
₹70.00 / Bond
3 Feb 2028
Interest Payment
₹70.00 / Bond
3 Feb 2029
Interest Payment
₹70.00 / Bond
3 Feb 2030
Interest Payment
₹70.00 / Bond
3 Feb 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 2026-02-03 Matures 2031-02-03

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

Key Metrics
Coupon Rate
7.00%
YTM (Annual)
7.00%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.57 Yrs
Macaulay Duration
3.82 Yrs
Issue Size
₹21 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.57 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE CM
Trades (30 Days)
17
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 17 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
2026-02-03
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Power Finance Corporation Limited issued this secured, rated, ncd (7% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES I TRANCHE 1 CATEGORY IV DATE OF MATURITY 03/02/2031) carrying a 7.00% 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
2026-08-26 100.0010 6.9980 None
2026-08-25 100.0010 6.9980 None
2026-08-24 100.0010 6.9981 None
2026-08-21 100.0010 6.9983 None
2026-08-17 100.0010 6.9986 None
2026-08-14 100.0000 6.9991 None
2026-08-12 100.0010 6.9990 1
2026-08-11 100.0010 6.9991 None
2026-08-10 100.0010 6.9991 None
2026-08-07 100.0010 6.9994 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-06-28
Rating Actions History 2 2026-08-05
Secondary-Market Trades 10 NSE CM 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% Feb 2031 NCD?

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

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

Power Finance Corporation 7.00% Feb 2031 NCD matures on 2031-02-03, 4.4 years from today.

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

Power Finance Corporation 7.00% Feb 2031 NCD is rated AAA by CRISIL and AAA by CARE. As of 2026-06-28.

Is Power Finance Corporation 7.00% Feb 2031 NCD secured?

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

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

The last recorded trade on 2026-08-26 priced Power Finance Corporation 7.00% Feb 2031 NCD at ₹100.00, implying a yield to maturity of 7.00%.

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