I

Indian Renewable Energy Deve… 8.40% Dec 2999 NCD

AA / Stable Unsecured NCD

Indian Renewable Energy Development Agency Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
7.77%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
7.77%
Live, last traded 2026-07-09
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean)
2026-06-25 2026-07-09
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
7.77%
Credit Rating
AA
(ICRA)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹1,247 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-09
NSE OTC (WAP)
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 1.60 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-03-21
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

IREDA-8.40%-PERPETUAL-PVT is a rated, redeemable ncd issued by Indian Renewable Energy Development Agency Limited. The bond offers a fixed coupon of 8.40% p.a. with annual interest payments and has no fixed maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-09 103.7547 7.7738 None
2026-07-08 103.5200 3
2026-07-02 103.3400 1
2026-07-01 103.3400 2
2026-06-30 103.6800 2
2026-06-29 103.3700 1
2026-06-25 103.8594 7.7600 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2025-03-31
Rating Actions History 0
Secondary-Market Trades 7 NSE OTC (WAP) 2026-07-09
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… 8.40% Dec 2999 NCD?

Indian Renewable Energy Deve… 8.40% Dec 2999 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹10,000,000.

When does Indian Renewable Energy Deve… 8.40% Dec 2999 NCD mature?

Indian Renewable Energy Deve… 8.40% Dec 2999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date.

What is Indian Renewable Energy Deve… 8.40% Dec 2999 NCD rated?

Indian Renewable Energy Deve… 8.40% Dec 2999 NCD is rated AA by ICRA. As of 2025-03-31.

Is Indian Renewable Energy Deve… 8.40% Dec 2999 NCD secured?

Indian Renewable Energy Deve… 8.40% Dec 2999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Renewable Energy Deve… 8.40% Dec 2999 NCD trade?

Indian Renewable Energy Deve… 8.40% Dec 2999 NCD is listed on BSE.

What yield does Indian Renewable Energy Deve… 8.40% Dec 2999 NCD currently offer?

The last recorded trade on 2026-07-09 priced Indian Renewable Energy Deve… 8.40% Dec 2999 NCD at ₹103.75, implying a yield to maturity of 7.77%.

More Bonds from This Issuer
I
Indian Renewable Energy De… 7.22% Feb 2027 NCD
Coupon
7.22%
Maturity
06 Feb 2027
I
Indian Renewable Energy De… 7.60% Feb 2027 NCD
Coupon
7.60%
Maturity
23 Feb 2027
I
Indian Renewable Energy De… 7.85% Mar 2027 NCD
AAA
Coupon
7.85%
Maturity
06 Mar 2027
I
Indian Renewable Energy De… 8.12% Mar 2027 NCD
AA+
Coupon
8.12%
Maturity
24 Mar 2027
Compare (/) Compare Bonds

← Back to screener