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Power Finance Corporation 7.72% Dec 2037 NCD (INE134E08LY3)

CARE AAA / Stable Unsecured NCD

Power Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2037

218 more bonds from Power Finance Corporation Limited →
Current YTM
8.30%
Market YTM
Coupon Rate
7.72%
Per annum
Maturity Date
19 Dec 2037
11.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
8.30%
Last traded 4 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+105 bps
vs 11.1Y G-Sec at 7.25%
Above the median spread for similar-tenor peers
Tenure
11.1 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

19 Dec 2026
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2027
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2028
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2029
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2030
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2031
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2032
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
19 Dec 2033
Interest Payment
₹77,200.00 / Bond
₹69,480.00 net of 10% TDS (est.)
…
+3 more coupons until 19 Dec 2036
₹77,200.00 each / Bond
19 Dec 2037
Final coupon + principal
₹10,77,200.00 / Bond
₹77,200.00 coupon + ₹10,00,000 face value

12 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 19 Dec 2022 Matures 19 Dec 2037

Key Metrics

Coupon Rate
7.72%
YTM (Annual)
8.30%
Credit Rating
AAA
(CARE) · rated 1 Apr 2026, 7 months ago
Remaining Tenure
11.1 Years
Advanced metrics
Modified Duration
6.70 Yrs
Macaulay Duration
7.26 Yrs
Issue Size
₹2,783 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
6.70 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
4 Nov 2026
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 2.48 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
19 Dec 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Power Finance Corporation Limited issued Power Finance Corporation 7.72% Dec 2037 NCD, an unsecured, rated NCD. It pays a 7.72% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
1 Apr 2026 CARE AAA Stable Latest CARE press release →
2022 CRISIL AAA — NSDL record, 2022 NSDL debt master

Rating Action History

2 actions

Agency actions on Power Finance Corporation Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-08-05 CRISIL Reaffirm AAA Stable View →
2026-07-06 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Power Finance Corporation Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-08-05 CRISIL Reaffirm AAA / Stable View →
2026-07-06 CRISIL Update — View →
Alert me about Power Finance Corporation Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE134E08LY3: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-04 95.8132 8.3000 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-04-01
Rating Actions History 2 — 2026-08-05
Secondary-Market Trades 1 NSE OTC (WAP) 2026-11-04
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹9,58,132.00
YTM8.30%
Trade Date 4 Nov 2026 4d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹68,739.73
Dirty price (est.)₹10,26,871.73
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE134E08LY3
Issue Date
19 Dec 2022
Maturity Date
19 Dec 2037
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Power Finance Corporation 7.72% Dec 2037 NCD?

Power Finance Corporation 7.72% Dec 2037 NCD carries a coupon of 7.72%, paid annual, on a face value of ₹10,00,000.

When does Power Finance Corporation 7.72% Dec 2037 NCD mature?

Power Finance Corporation 7.72% Dec 2037 NCD matures on 19 Dec 2037, 11.1 years from today.

What is Power Finance Corporation 7.72% Dec 2037 NCD rated?

Power Finance Corporation 7.72% Dec 2037 NCD is rated AAA by CARE (rating dated 1 Apr 2026).

Is Power Finance Corporation 7.72% Dec 2037 NCD secured?

Power Finance Corporation 7.72% Dec 2037 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Power Finance Corporation 7.72% Dec 2037 NCD currently offer?

The last recorded trade on 4 Nov 2026 priced Power Finance Corporation 7.72% Dec 2037 NCD at ₹9,58,132.00 per bond, implying a yield to maturity of 8.30%.

More Bonds from This Issuer

P
Power Finance Corporation 8.75% Nov 2026 NCD
INE134E07182
AAA NSDL record, 2013
Coupon
8.75%
Maturity
21 Nov 2026
P
Power Finance Corporation 8.75% Nov 2026 NCD
INE134E07174
AAA NSDL record, 2013
Coupon
8.75%
Maturity
21 Nov 2026
P
Power Finance Corporation 8.16% Nov 2026 NCD
INE134E07141
AAA
Coupon
8.16%
Maturity
25 Nov 2026
P
Power Finance Corporation 5.00% Nov 2026 NCD
INE134E07BB4
AAA
Coupon
5.00%
Maturity
30 Nov 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2037

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.72%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE261F08DY8National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20237.70%2038-02-17
INE062A08389State Bank of IndiaAAA7.54%2038-08-01
INE906B07IY8National Highways Authority of IndiaAAA7.26%2038-08-10
INE906B07JB4National Highways Authority of IndiaAAA7.12%2037-03-14
INE906B07II1National Highways Authority of IndiaAAA6.94%2036-12-30
INE906B07IG5National Highways Authority of IndiaAAA6.94%2037-11-27

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