I

Indian Renewable Energy Deve… 8.80% Mar 2029 NCD

AAA Secured NCD

Indian Renewable Energy Development Agency Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
3.86%
Market YTM
Coupon Rate
8.80%
Per annum
Maturity Date
13 Mar 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
3.86%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-245 bps
vs 2.5Y G-Sec at 6.31%
Below the median spread for similar-tenor peers
Tenure
2.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-11 2026-08-27
Cashflow Timeline
13 Mar 2027
Interest Payment
₹88.00 / Bond
13 Mar 2028
Interest Payment
₹88.00 / Bond
13 Mar 2029
Principal Payment
₹1,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2014-03-13 Matures 2029-03-13
Key Metrics
Coupon Rate
8.80%
YTM (Annual)
3.86%
Credit Rating
AAA
(BRICKWORK)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.23 Yrs
Macaulay Duration
2.32 Yrs
Issue Size
₹235 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
2.23 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
21
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 21 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.20 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
2014-03-13
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.80% SECURED REDEEMABLE NON-CONVERTIBLE BONDS. . TRANCHE I. SERIES IIB. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2029 is a secured, rated, redeemable ncd issued by Indian Renewable Energy Development Agency Limited. The bond offers a fixed coupon of 8.80% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 111.8570 3.8612 12
2026-08-26 111.8250 3.8783 1
2026-08-25 111.8250 3.8830 80
2026-08-24 111.9000 3.8586 None
2026-08-20 111.9020 3.8766 1
2026-08-19 112.0000 3.8435 59
2026-08-18 111.4500 4.0601 1
2026-08-17 111.8100 3.9259 None
2026-08-14 111.9320 3.8929 None
2026-08-11 111.9860 3.8861 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2014-01-29
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-27
Reg52(4) Payment Disclosures 0
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 Indian Renewable Energy Deve… 8.80% Mar 2029 NCD?

Indian Renewable Energy Deve… 8.80% Mar 2029 NCD carries a coupon of 8.80%, paid annual, on a face value of ₹1,000.

When does Indian Renewable Energy Deve… 8.80% Mar 2029 NCD mature?

Indian Renewable Energy Deve… 8.80% Mar 2029 NCD matures on 2029-03-13, 2.5 years from today.

What is Indian Renewable Energy Deve… 8.80% Mar 2029 NCD rated?

Indian Renewable Energy Deve… 8.80% Mar 2029 NCD is rated AAA by BRICKWORK. As of 2014-01-29.

Is Indian Renewable Energy Deve… 8.80% Mar 2029 NCD secured?

Indian Renewable Energy Deve… 8.80% Mar 2029 NCD is a secured bond.

Can Indian Renewable Energy Deve… 8.80% Mar 2029 NCD be called or put back early?

Indian Renewable Energy Deve… 8.80% Mar 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Indian Renewable Energy Deve… 8.80% Mar 2029 NCD currently offer?

The last recorded trade on 2026-08-27 priced Indian Renewable Energy Deve… 8.80% Mar 2029 NCD at ₹111.86, implying a yield to maturity of 3.86%.

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