P

Power Finance Corporation 7.85% Apr 2028 NCD

AAA Unsecured NCD

Power Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.73%
Market YTM
Coupon Rate
7.85%
Per annum
Maturity Date
03 Apr 2028
1.6 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.73%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+213 bps
vs 1.6Y G-Sec at 5.60%
Below the median spread for similar-tenor peers
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-13
Cashflow Timeline
3 Oct 2026
Interest Payment
₹39,250.00 / Bond
3 Apr 2027
Interest Payment
₹39,250.00 / Bond
3 Oct 2027
Interest Payment
₹39,250.00 / Bond
3 Apr 2028
Principal Payment
₹1,000,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹1,000,000 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 2018-04-03 Matures 2028-04-03

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

Key Metrics
Coupon Rate
7.85%
YTM (Annual)
7.73%
Credit Rating
AAA
(ICRA)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.43 Yrs
Macaulay Duration
1.48 Yrs
Issue Size
₹3,855 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.43 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-13
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.15 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2018-04-03
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Power Finance Corporation Limited issued this rated, ncd (PFCL-7.85%-3-4-28-PVT) carrying a 7.85% p.a. coupon, paid semi 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
2026-08-13 100.3700 7.7300 None
2026-07-27 100.9171 7.3700 None
2026-07-10 99.9700 8.0000 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2018-03-20
Rating Actions History 2 2026-08-05
Secondary-Market Trades 3 NSE OTC (WAP) 2026-08-13
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 7.85% Apr 2028 NCD?

Power Finance Corporation 7.85% Apr 2028 NCD carries a coupon of 7.85%, paid semi annual, on a face value of ₹1,000,000.

When does Power Finance Corporation 7.85% Apr 2028 NCD mature?

Power Finance Corporation 7.85% Apr 2028 NCD matures on 2028-04-03, 1.6 years from today.

What is Power Finance Corporation 7.85% Apr 2028 NCD rated?

Power Finance Corporation 7.85% Apr 2028 NCD is rated AAA by ICRA. As of 2018-03-20.

Is Power Finance Corporation 7.85% Apr 2028 NCD secured?

Power Finance Corporation 7.85% Apr 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Power Finance Corporation 7.85% Apr 2028 NCD trade?

Power Finance Corporation 7.85% Apr 2028 NCD is listed on BSE.

What yield does Power Finance Corporation 7.85% Apr 2028 NCD currently offer?

The last recorded trade on 2026-08-13 priced Power Finance Corporation 7.85% Apr 2028 NCD at ₹100.37, implying a yield to maturity of 7.73%.

More Bonds from This Issuer
5
Power Finance Corporation 5.00% Aug 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Aug 2026
P
Power Finance Corporation 9.45% Sep 2026 NCD
AAA
Coupon
9.45%
Maturity
01 Sep 2026
7
Power Finance Corporation 7.15% Sep 2026 NCD
AAA
Coupon
7.15%
Maturity
08 Sep 2026
P
Power Finance Corporation 7.70% Sep 2026 NCD
AAA
Coupon
7.70%
Maturity
15 Sep 2026
Compare (/) Compare Bonds

← Back to screener