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Tiruchirappalli City Municipal 8.50% Feb 2036 NCD

AA Secured NCD

Tiruchirappalli City Municipal Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2036

Current YTM
8.40%
Market YTM
Coupon Rate
8.50%
Per annum
Maturity Date
06 Feb 2036
9.4 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.40%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+158 bps
vs 9.4Y G-Sec at 6.82%
Above the median spread for similar-tenor peers
Tenure
9.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-08-19
Cashflow Timeline
6 Feb 2027
Interest Payment
₹4,250.00 / Bond
6 Aug 2027
Interest Payment
₹4,250.00 / Bond
6 Feb 2028
Interest Payment
₹4,250.00 / Bond
6 Aug 2028
Interest Payment
₹4,250.00 / Bond
6 Feb 2029
Interest Payment
₹4,250.00 / Bond
6 Aug 2029
Interest Payment
₹4,250.00 / Bond
6 Feb 2030
Interest Payment
₹4,250.00 / Bond
6 Aug 2030
Interest Payment
₹4,250.00 / Bond
6 Feb 2036
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 2026-02-06 Matures 2036-02-06
Key Metrics
Coupon Rate
8.50%
YTM (Annual)
8.40%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
9.4 Years
Advanced metrics
Modified Duration
6.38 Yrs
Macaulay Duration
6.65 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
6.38 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-19
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.50 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-02-06
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Tiruchirappalli City Municipal Corporation issued this secured, rated, ncd (8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE MUNCIPAL BONDS IN NATURE OF DEBENTURE DATE OF MATURITY 06/02/2036) carrying a 8.50% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 101.4000 8.4000 1
2026-08-14 101.4000 8.4000 1
2026-08-12 101.6300 8.3600 1
2026-07-27 101.0000 8.4800 1
2026-07-03 101.4100 8.4000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2025-12-16
Rating Actions History 0
Secondary-Market Trades 5 BSE 2026-08-19
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 Tiruchirappalli City Municipal 8.50% Feb 2036 NCD?

Tiruchirappalli City Municipal 8.50% Feb 2036 NCD carries a coupon of 8.50%, paid semi annual, on a face value of ₹100,000.

When does Tiruchirappalli City Municipal 8.50% Feb 2036 NCD mature?

Tiruchirappalli City Municipal 8.50% Feb 2036 NCD matures on 2036-02-06, 9.4 years from today.

What is Tiruchirappalli City Municipal 8.50% Feb 2036 NCD rated?

Tiruchirappalli City Municipal 8.50% Feb 2036 NCD is rated AA by INDIA_RATINGS. As of 2025-12-16.

Is Tiruchirappalli City Municipal 8.50% Feb 2036 NCD secured?

Tiruchirappalli City Municipal 8.50% Feb 2036 NCD is a secured bond.

What yield does Tiruchirappalli City Municipal 8.50% Feb 2036 NCD currently offer?

The last recorded trade on 2026-08-19 priced Tiruchirappalli City Municipal 8.50% Feb 2036 NCD at ₹101.40, implying a yield to maturity of 8.40%.

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