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Power Finance Corporation 7.49% Feb 2034 NCD (INE134E08MY1)

CARE AAA / Stable Unsecured NCD

Power Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

218 more bonds from Power Finance Corporation Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.49%
Per annum
Maturity Date
22 Feb 2034
7.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

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

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
7.3 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.

Cashflow Timeline

22 Feb 2027
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2028
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2029
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2030
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2031
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2032
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2033
Interest Payment
₹7,490.00 / Bond
₹6,741.00 net of 10% TDS (est.)
22 Feb 2034
Final coupon + principal
₹1,07,490.00 / Bond
₹7,490.00 coupon + ₹1,00,000 face value

8 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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 22 Feb 2024 Matures 22 Feb 2034

Key Metrics

Coupon Rate
7.49%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 1 Apr 2026, 7 months ago
Remaining Tenure
7.3 Years

AAA (CARE): Rated 1 Apr 2026 (7 months ago).

AAA (CRISIL): Rated 29 Feb 2024 (2 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
5.20 Yrs
Macaulay Duration
5.59 Yrs
Issue Size
₹3,000 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
5.20 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.71 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 8 Nov 2026
Instrument Type
NCD
Issue Date
22 Feb 2024
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Power Finance Corporation Limited, Power Finance Corporation 7.49% Feb 2034 NCD is an unsecured, rated NCD. It pays a 7.49% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 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 →
29 Feb 2024 CRISIL AAA Stable Latest BSE listing
2024 ICRA AAA — NSDL record, 2024 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 3 CARE, CRISIL, ICRA 2026-04-01
Rating Actions History 2 — 2026-08-05
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE134E08MY1
Issue Date
22 Feb 2024
Maturity Date
22 Feb 2034
Listing
BSE
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 7.49% Feb 2034 NCD?

Power Finance Corporation 7.49% Feb 2034 NCD carries a coupon of 7.49%, paid annual, on a face value of ₹1,00,000.

When does Power Finance Corporation 7.49% Feb 2034 NCD mature?

Power Finance Corporation 7.49% Feb 2034 NCD matures on 22 Feb 2034, 7.3 years from today.

What is Power Finance Corporation 7.49% Feb 2034 NCD rated?

Power Finance Corporation 7.49% Feb 2034 NCD is rated AAA by CARE (rating dated 1 Apr 2026) and AAA by CRISIL (rating dated 29 Feb 2024).

Is Power Finance Corporation 7.49% Feb 2034 NCD secured?

Power Finance Corporation 7.49% Feb 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Power Finance Corporation 7.49% Feb 2034 NCD trade?

Power Finance Corporation 7.49% Feb 2034 NCD is listed on BSE.

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
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Power Finance Corporation 8.75% Nov 2026 NCD
INE134E07174
AAA NSDL record, 2013
Coupon
8.75%
Maturity
21 Nov 2026
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Power Finance Corporation 8.16% Nov 2026 NCD
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Coupon
8.16%
Maturity
25 Nov 2026
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Power Finance Corporation 5.00% Nov 2026 NCD
INE134E07BB4
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Coupon
5.00%
Maturity
30 Nov 2026
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Comparable NCDs maturing near 2034

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 7.49%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F07BV1Indian Railway Finance Corporation LimitedAAA7.48%2034-08-29
INE053F08361Indian Railway Finance Corporation LimitedAAA7.48%2034-02-16
INE020B08DX9REC LimitedAAA NSDL record, 20227.50%2033-02-28
INE261F08BR6National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20197.50%2034-11-17
INE238A08500Axis Bank LimitedAAA7.45%2034-09-05
INE020B08FB0REC LimitedAAA7.53%2034-05-31

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