T

The Tata Power Company 9.90% Aug 2028 NCD

AA Unsecured NCD

The Tata Power Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
7.61%
Market YTM
Coupon Rate
9.90%
Per annum
Maturity Date
27 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.61%
Live, last traded 2026-07-21
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+271 bps
vs 2.0Y G-Sec at 4.90%
Below the median spread for similar-tenor peers
Tenure
2.0 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
27 Aug 2027
Interest Payment
₹99,000.00 / Bond
27 Aug 2028
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AA by CRISIL on 2026-07-07 Issued 2018-08-27 Matures 2028-08-27

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
9.90%
YTM (Annual)
7.61%
Credit Rating
AA
(CARE)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.77 Yrs
Macaulay Duration
1.91 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.77 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-21
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.10 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
2018-08-27
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by The Tata Power Company Limited, 9.90% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES CGPLAU02. DATE OF MATURITY 27/08/2028 is a rated, ncd paying a 9.90% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-07 CRISIL Initial AA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-21 103.7758 7.6050 None
2026-07-16 103.8256 7.5900 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2018-08-16
Rating Actions History 1 2026-07-07
Secondary-Market Trades 2 NSE OTC (WAP) 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 The Tata Power Company 9.90% Aug 2028 NCD?

The Tata Power Company 9.90% Aug 2028 NCD carries a coupon of 9.90%, paid annual, on a face value of ₹1,000,000.

When does The Tata Power Company 9.90% Aug 2028 NCD mature?

The Tata Power Company 9.90% Aug 2028 NCD matures on 2028-08-27, 2.0 years from today.

What is The Tata Power Company 9.90% Aug 2028 NCD rated?

The Tata Power Company 9.90% Aug 2028 NCD is rated AA by CARE. As of 2018-08-16.

Is The Tata Power Company 9.90% Aug 2028 NCD secured?

The Tata Power Company 9.90% Aug 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can The Tata Power Company 9.90% Aug 2028 NCD be called or put back early?

The Tata Power Company 9.90% Aug 2028 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 The Tata Power Company 9.90% Aug 2028 NCD currently offer?

The last recorded trade on 2026-07-21 priced The Tata Power Company 9.90% Aug 2028 NCD at ₹103.78, implying a yield to maturity of 7.61%.

More Bonds from This Issuer
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The Tata Power Company ZC Mar 2028 NCD
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Coupon
Maturity
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7
The Tata Power Company 7.71% Sep 2032 NCD
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Coupon
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Maturity
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