I

Indian Renewable Energy Deve… 7.94% Jan 2033 NCD

AA Unsecured NCD

Indian Renewable Energy Development Agency Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
7.38%
Market YTM
Coupon Rate
7.94%
Per annum
Maturity Date
27 Jan 2033
6.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.38%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+50 bps
vs 6.4Y G-Sec at 6.88%
Below the median spread for similar-tenor peers
Tenure
6.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-12 2026-08-20
Cashflow Timeline
27 Jan 2027
Interest Payment
₹7,940.00 / Bond
27 Jan 2028
Interest Payment
₹7,940.00 / Bond
27 Jan 2029
Interest Payment
₹7,940.00 / Bond
27 Jan 2030
Interest Payment
₹7,940.00 / Bond
27 Jan 2031
Interest Payment
₹7,940.00 / Bond
27 Jan 2032
Interest Payment
₹7,940.00 / Bond
27 Jan 2033
Principal Payment
₹100,000.00 / Bond

Next 6 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-01-27 Matures 2033-01-27
Key Metrics
Coupon Rate
7.94%
YTM (Annual)
7.38%
Credit Rating
AA
(CARE)
Remaining Tenure
6.4 Years
Advanced metrics
Modified Duration
4.72 Yrs
Macaulay Duration
5.06 Yrs
Issue Size
₹1,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.72 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.06 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2023-01-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

IREDA-7.94%-27-1-33-PVT is a rated, redeemable ncd issued by Indian Renewable Energy Development Agency Limited. The bond offers a fixed coupon of 7.94% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-20 102.7000 7.3800 1
2026-08-19 102.5116 7.4150 None
2026-08-12 101.1000 7.7000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2023-01-31
Rating Actions History 0
Secondary-Market Trades 3 BSE 2026-08-20
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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… 7.94% Jan 2033 NCD?

Indian Renewable Energy Deve… 7.94% Jan 2033 NCD carries a coupon of 7.94%, paid annual, on a face value of ₹100,000.

When does Indian Renewable Energy Deve… 7.94% Jan 2033 NCD mature?

Indian Renewable Energy Deve… 7.94% Jan 2033 NCD matures on 2033-01-27, 6.4 years from today.

What is Indian Renewable Energy Deve… 7.94% Jan 2033 NCD rated?

Indian Renewable Energy Deve… 7.94% Jan 2033 NCD is rated AA by CARE. As of 2023-01-31.

Is Indian Renewable Energy Deve… 7.94% Jan 2033 NCD secured?

Indian Renewable Energy Deve… 7.94% Jan 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Renewable Energy Deve… 7.94% Jan 2033 NCD trade?

Indian Renewable Energy Deve… 7.94% Jan 2033 NCD is listed on BSE.

What yield does Indian Renewable Energy Deve… 7.94% Jan 2033 NCD currently offer?

The last recorded trade on 2026-08-20 priced Indian Renewable Energy Deve… 7.94% Jan 2033 NCD at ₹102.70, implying a yield to maturity of 7.38%.

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