I

Indian Renewable Energy Deve… 7.74% Mar 2035 NCD

AAA / Stable Unsecured NCD

Indian Renewable Energy Development Agency Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
7.62%
Market YTM
Coupon Rate
7.74%
Per annum
Maturity Date
27 Mar 2035
8.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.62%
Live, last traded 2026-07-31
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+111 bps
vs 8.6Y G-Sec at 6.51%
Below the median spread for similar-tenor peers
Tenure
8.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-24 2026-07-31
Cashflow Timeline
27 Mar 2027
Interest Payment
₹7,740.00 / Bond
27 Mar 2028
Interest Payment
₹7,740.00 / Bond
27 Mar 2029
Interest Payment
₹7,740.00 / Bond
27 Mar 2030
Interest Payment
₹7,740.00 / Bond
27 Mar 2031
Interest Payment
₹7,740.00 / Bond
27 Mar 2032
Interest Payment
₹7,740.00 / Bond
27 Mar 2033
Interest Payment
₹7,740.00 / Bond
27 Mar 2034
Interest Payment
₹7,740.00 / Bond
27 Mar 2035
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-03-27 Matures 2035-03-27
Key Metrics
Coupon Rate
7.74%
YTM (Annual)
7.62%
Credit Rating
AAA
(ICRA)
Remaining Tenure
8.6 Years
Advanced metrics
Modified Duration
5.94 Yrs
Macaulay Duration
6.39 Yrs
Issue Size
₹910 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.94 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.26 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
2025-03-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Renewable Energy Development Agency Limited issued this rated, ncd (IREDAL-7.74%-27-03-35-PVT) carrying a 7.74% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-31 100.6400 7.6205 None
2026-07-30 100.6100 7.6200 None
2026-07-01 102.0459 7.4500 None
2026-06-24 98.9900 7.8900 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2025-04-30
Rating Actions History 0
Secondary-Market Trades 4 NSE OTC (WAP) 2026-07-31
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… 7.74% Mar 2035 NCD?

Indian Renewable Energy Deve… 7.74% Mar 2035 NCD carries a coupon of 7.74%, paid annual, on a face value of ₹100,000.

When does Indian Renewable Energy Deve… 7.74% Mar 2035 NCD mature?

Indian Renewable Energy Deve… 7.74% Mar 2035 NCD matures on 2035-03-27, 8.6 years from today.

What is Indian Renewable Energy Deve… 7.74% Mar 2035 NCD rated?

Indian Renewable Energy Deve… 7.74% Mar 2035 NCD is rated AAA by ICRA and AAA by INDIA_RATINGS. As of 2025-04-30.

Is Indian Renewable Energy Deve… 7.74% Mar 2035 NCD secured?

Indian Renewable Energy Deve… 7.74% Mar 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Renewable Energy Deve… 7.74% Mar 2035 NCD trade?

Indian Renewable Energy Deve… 7.74% Mar 2035 NCD is listed on BSE.

What yield does Indian Renewable Energy Deve… 7.74% Mar 2035 NCD currently offer?

The last recorded trade on 2026-07-31 priced Indian Renewable Energy Deve… 7.74% Mar 2035 NCD at ₹100.64, implying a yield to maturity of 7.62%.

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