I

Indian Renewable Energy Deve… 7.57% May 2029 NCD

AAA Unsecured NCD

Indian Renewable Energy Development Agency Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.38%
Market YTM
Coupon Rate
7.57%
Per annum
Maturity Date
18 May 2029
2.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.38%
Live, last traded 2026-07-21
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+119 bps
vs 2.7Y G-Sec at 6.19%
Below the median spread for similar-tenor peers
Tenure
2.7 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
18 Mar 2027
Interest Payment
₹7,570.00 / Bond
18 Mar 2028
Interest Payment
₹7,570.00 / Bond
18 Mar 2029
Interest Payment
₹7,570.00 / Bond
18 May 2029
Principal Payment
₹100,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2024-03-18 Matures 2029-05-18
Key Metrics
Coupon Rate
7.57%
YTM (Annual)
7.38%
Credit Rating
AAA
(ICRA)
Remaining Tenure
2.7 Years
Advanced metrics
Modified Duration
2.34 Yrs
Macaulay Duration
2.52 Yrs
Issue Size
₹447 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.34 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-21
BSE
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 2.43 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
2024-03-18
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.57% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES XV-G DATE OF MATURITY 18/05/2029 is a rated, redeemable ncd issued by Indian Renewable Energy Development Agency Limited. The bond offers a fixed coupon of 7.57% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-21 100.4300 7.3800 1
2026-07-20 100.3955 7.3900 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2024-02-29
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-07-21
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… 7.57% May 2029 NCD?

Indian Renewable Energy Deve… 7.57% May 2029 NCD carries a coupon of 7.57%, paid annual, on a face value of ₹100,000.

When does Indian Renewable Energy Deve… 7.57% May 2029 NCD mature?

Indian Renewable Energy Deve… 7.57% May 2029 NCD matures on 2029-05-18, 2.7 years from today.

What is Indian Renewable Energy Deve… 7.57% May 2029 NCD rated?

Indian Renewable Energy Deve… 7.57% May 2029 NCD is rated AAA by ICRA. As of 2024-02-29.

Is Indian Renewable Energy Deve… 7.57% May 2029 NCD secured?

Indian Renewable Energy Deve… 7.57% May 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Indian Renewable Energy Deve… 7.57% May 2029 NCD currently offer?

The last recorded trade on 2026-07-21 priced Indian Renewable Energy Deve… 7.57% May 2029 NCD at ₹100.43, implying a yield to maturity of 7.38%.

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