P

Power Finance Corporation 8.95% Oct 2028 NCD

AAA Unsecured NCD

Power Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
8.09%
Market YTM
Coupon Rate
8.95%
Per annum
Maturity Date
10 Oct 2028
2.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.09%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+337 bps
vs 2.1Y G-Sec at 4.72%
Above the median spread for similar-tenor peers
Tenure
2.1 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
10 Oct 2026
Interest Payment
₹89,500.00 / Bond
10 Oct 2027
Interest Payment
₹89,500.00 / Bond
10 Oct 2028
Principal Payment
₹1,000,000.00 / Bond

Next 2 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 2018-10-10 Matures 2028-10-10

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

Key Metrics
Coupon Rate
8.95%
YTM (Annual)
8.09%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.74 Yrs
Macaulay Duration
1.88 Yrs
Issue Size
₹3,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.74 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
BSE
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 1.05 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
2018-10-10
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Power Finance Corporation Limited, PFC-8.95%-10-10-28-PVT is a rated, ncd paying a 8.95% 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
2026-08-13 101.6000 8.0900 1
2026-07-21 103.1618 7.3200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2018-10-31
Rating Actions History 2 2026-08-05
Secondary-Market Trades 2 BSE 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 8.95% Oct 2028 NCD?

Power Finance Corporation 8.95% Oct 2028 NCD carries a coupon of 8.95%, paid annual, on a face value of ₹1,000,000.

When does Power Finance Corporation 8.95% Oct 2028 NCD mature?

Power Finance Corporation 8.95% Oct 2028 NCD matures on 2028-10-10, 2.1 years from today.

What is Power Finance Corporation 8.95% Oct 2028 NCD rated?

Power Finance Corporation 8.95% Oct 2028 NCD is rated AAA by CRISIL. As of 2018-10-31.

Is Power Finance Corporation 8.95% Oct 2028 NCD secured?

Power Finance Corporation 8.95% Oct 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Power Finance Corporation 8.95% Oct 2028 NCD trade?

Power Finance Corporation 8.95% Oct 2028 NCD is listed on BSE.

What yield does Power Finance Corporation 8.95% Oct 2028 NCD currently offer?

The last recorded trade on 2026-08-13 priced Power Finance Corporation 8.95% Oct 2028 NCD at ₹101.60, implying a yield to maturity of 8.09%.

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