I

Indian Renewable Energy Deve… 8.49% May 2028 NCD

AAA Secured NCD

Indian Renewable Energy Development Agency Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.77%
Market YTM
Coupon Rate
8.49%
Per annum
Maturity Date
10 May 2028
1.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.77%
Live, last traded 2026-08-10
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+234 bps
vs 1.7Y G-Sec at 5.43%
Below the median spread for similar-tenor peers
Tenure
1.7 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
10 May 2027
Interest Payment
₹84,900.00 / Bond
10 May 2028
Principal Payment
₹1,000,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2013-05-10 Matures 2028-05-10
Key Metrics
Coupon Rate
8.49%
YTM (Annual)
7.77%
Credit Rating
AAA
(CARE)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.51 Yrs
Macaulay Duration
1.62 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.51 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-10
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.51 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2013-05-10
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.49% SECURED REDEEMABLE NON-CONVERTIBLE TAXABLE BOND IN THE NATURE OF DEBENTURE.SERIES - V-B. LETTER OF ALLOTMENT. DATE OF MATURITY 10/05/2028 is a secured, rated, redeemable ncd issued by Indian Renewable Energy Development Agency Limited. The bond offers a fixed coupon of 8.49% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-10 101.0500 7.7700 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2013-04-17
Rating Actions History 0
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-10
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Indian Renewable Energy Deve… 8.49% May 2028 NCD?

Indian Renewable Energy Deve… 8.49% May 2028 NCD carries a coupon of 8.49%, paid annual, on a face value of ₹1,000,000.

When does Indian Renewable Energy Deve… 8.49% May 2028 NCD mature?

Indian Renewable Energy Deve… 8.49% May 2028 NCD matures on 2028-05-10, 1.7 years from today.

What is Indian Renewable Energy Deve… 8.49% May 2028 NCD rated?

Indian Renewable Energy Deve… 8.49% May 2028 NCD is rated AAA by CARE. As of 2013-04-17.

Is Indian Renewable Energy Deve… 8.49% May 2028 NCD secured?

Indian Renewable Energy Deve… 8.49% May 2028 NCD is a secured bond.

What yield does Indian Renewable Energy Deve… 8.49% May 2028 NCD currently offer?

The last recorded trade on 2026-08-10 priced Indian Renewable Energy Deve… 8.49% May 2028 NCD at ₹101.05, implying a yield to maturity of 7.77%.

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