I

Indian Renewable Energy Deve… 8.80% Mar 2034 NCD

AAA Secured NCD

Indian Renewable Energy Development Agency Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

Current YTM
4.42%
Market YTM
Coupon Rate
8.80%
Per annum
Maturity Date
13 Mar 2034
7.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
4.42%
Live, last traded 2026-08-18
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-235 bps
vs 7.5Y G-Sec at 6.77%
Below the median spread for similar-tenor peers
Tenure
7.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-23 2026-08-18
Cashflow Timeline
13 Mar 2027
Interest Payment
₹88.00 / Bond
13 Mar 2028
Interest Payment
₹88.00 / Bond
13 Mar 2029
Interest Payment
₹88.00 / Bond
13 Mar 2030
Interest Payment
₹88.00 / Bond
13 Mar 2031
Interest Payment
₹88.00 / Bond
13 Mar 2032
Interest Payment
₹88.00 / Bond
13 Mar 2033
Interest Payment
₹88.00 / Bond
13 Mar 2034
Principal Payment
₹1,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2014-03-13 Matures 2034-03-13
Key Metrics
Coupon Rate
8.80%
YTM (Annual)
4.42%
Credit Rating
AAA
(CARE)
Remaining Tenure
7.5 Years
Advanced metrics
Modified Duration
5.61 Yrs
Macaulay Duration
5.86 Yrs
Issue Size
₹144 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
5.61 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-18
NSE CM
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 8 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 IIIB. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2034 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
2026-08-18 127.9000 4.4218 100
2026-08-13 128.0000 4.4140 None
2026-08-12 126.0620 4.6782 None
2026-08-05 125.6000 4.7489 None
2026-08-03 125.3600 4.7840 None
2026-07-31 126.0000 4.6961 None
2026-07-28 126.0000 4.7015 None
2026-07-27 125.5000 4.7710 None
2026-07-24 125.0090 4.8416 435
2026-07-23 125.5000 4.7751 6
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2014-01-29
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-18
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 2034 NCD?

Indian Renewable Energy Deve… 8.80% Mar 2034 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 2034 NCD mature?

Indian Renewable Energy Deve… 8.80% Mar 2034 NCD matures on 2034-03-13, 7.5 years from today.

What is Indian Renewable Energy Deve… 8.80% Mar 2034 NCD rated?

Indian Renewable Energy Deve… 8.80% Mar 2034 NCD is rated AAA by CARE. As of 2014-01-29.

Is Indian Renewable Energy Deve… 8.80% Mar 2034 NCD secured?

Indian Renewable Energy Deve… 8.80% Mar 2034 NCD is a secured bond.

Can Indian Renewable Energy Deve… 8.80% Mar 2034 NCD be called or put back early?

Indian Renewable Energy Deve… 8.80% Mar 2034 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 2034 NCD currently offer?

The last recorded trade on 2026-08-18 priced Indian Renewable Energy Deve… 8.80% Mar 2034 NCD at ₹127.90, implying a yield to maturity of 4.42%.

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