G
AA+ Unsecured NCD

Greater Chennai Corporation

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
7.97%
Per annum
Maturity Date
21 May 2033
6.7 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.97%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+119 bps
vs 6.7Y G-Sec at 6.78% *
Below the median spread for similar-tenor peers
Tenure
6.7 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
21 Nov 2026
Interest Payment
₹3,985.00 / Bond
21 May 2027
Interest Payment
₹3,985.00 / Bond
21 Nov 2027
Interest Payment
₹3,985.00 / Bond
21 May 2028
Interest Payment
₹3,985.00 / Bond
21 Nov 2028
Interest Payment
₹3,985.00 / Bond
21 May 2029
Interest Payment
₹3,985.00 / Bond
21 Nov 2029
Interest Payment
₹3,985.00 / Bond
21 May 2030
Interest Payment
₹3,985.00 / Bond
21 May 2033
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-05-21 Matures 2033-05-21
Key Metrics
Coupon Rate
7.97%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
6.7 Years
Advanced metrics
Modified Duration
5.03 Yrs
Macaulay Duration
5.23 Yrs
Issue Size
₹40 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.03 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi 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 2.03 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2025-05-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Greater Chennai Corporation issued this rated, ncd (7.97% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE MUNICIPAL BOND IN THE NATURE OF DEBENTURE STRPP C DATE OF MATURITY 21/05/2033) carrying a 7.97% p.a. coupon, paid semi annual. It repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2025-03-13
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 Greater Chennai 7.97% May 2033 NCD?

Greater Chennai 7.97% May 2033 NCD carries a coupon of 7.97%, paid semi annual, on a face value of ₹100,000.

When does Greater Chennai 7.97% May 2033 NCD mature?

Greater Chennai 7.97% May 2033 NCD matures on 2033-05-21, 6.7 years from today.

What is Greater Chennai 7.97% May 2033 NCD rated?

Greater Chennai 7.97% May 2033 NCD is rated AA+ by INDIA_RATINGS. As of 2025-03-13.

Is Greater Chennai 7.97% May 2033 NCD secured?

Greater Chennai 7.97% May 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer
7
Greater Chennai 7.95% Jan 2030 NCD
AA+
Coupon
7.95%
Maturity
09 Jan 2030
7
Greater Chennai 7.95% Jan 2031 NCD
AA+
Coupon
7.95%
Maturity
09 Jan 2031
7
Greater Chennai 7.97% May 2031 NCD
AA+
Coupon
7.97%
Maturity
21 May 2031
7
Greater Chennai 7.95% Jan 2032 NCD
AA+
Coupon
7.95%
Maturity
09 Jan 2032
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