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Tourism Finance Corporation… 9.65% Feb 2033 NCD

AA Unsecured NCD

Tourism Finance Corporation of India Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
9.14%
Market YTM
Coupon Rate
9.65%
Per annum
Maturity Date
25 Feb 2033
6.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
9.14%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+230 bps
vs 6.5Y G-Sec at 6.84%
Above the median spread for similar-tenor peers
Tenure
6.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-27
Cashflow Timeline
25 Feb 2027
Interest Payment
₹96,500.00 / Bond
25 Feb 2028
Interest Payment
₹96,500.00 / Bond
25 Feb 2029
Interest Payment
₹96,500.00 / Bond
25 Feb 2030
Interest Payment
₹96,500.00 / Bond
25 Feb 2031
Interest Payment
₹96,500.00 / Bond
25 Feb 2032
Interest Payment
₹96,500.00 / Bond
25 Feb 2033
Principal Payment
₹1,000,000.00 / Bond

Next 6 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2013-02-25 Matures 2033-02-25
Key Metrics
Coupon Rate
9.65%
YTM (Annual)
9.14%
Credit Rating
AA
(BRICKWORK)
Remaining Tenure
6.5 Years
Advanced metrics
Modified Duration
4.50 Yrs
Macaulay Duration
4.91 Yrs
Issue Size
₹75 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.50 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.35 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
2013-02-25
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

9.65% UNSECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF PROMISSORY NOTES.SERIES MB XLVI-C. LETTER OF ALLOTMENT. DATE OF MATURITY 25/02/2033 is a rated, redeemable ncd issued by Tourism Finance Corporation of India Limited. The bond offers a fixed coupon of 9.65% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 102.3000 9.1400 1
2026-08-19 102.7000 9.0600 1
2026-08-18 102.3000 9.1400 1
2026-08-17 100.3000 9.5600 1
2026-08-13 98.4500 10.4200 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2013-09-01
Rating Actions History 0
Secondary-Market Trades 5 BSE 2026-08-27
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 Tourism Finance Corporation… 9.65% Feb 2033 NCD?

Tourism Finance Corporation… 9.65% Feb 2033 NCD carries a coupon of 9.65%, paid annual, on a face value of ₹1,000,000.

When does Tourism Finance Corporation… 9.65% Feb 2033 NCD mature?

Tourism Finance Corporation… 9.65% Feb 2033 NCD matures on 2033-02-25, 6.5 years from today.

What is Tourism Finance Corporation… 9.65% Feb 2033 NCD rated?

Tourism Finance Corporation… 9.65% Feb 2033 NCD is rated AA by BRICKWORK. As of 2013-09-01.

Is Tourism Finance Corporation… 9.65% Feb 2033 NCD secured?

Tourism Finance Corporation… 9.65% Feb 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Tourism Finance Corporation… 9.65% Feb 2033 NCD currently offer?

The last recorded trade on 2026-08-27 priced Tourism Finance Corporation… 9.65% Feb 2033 NCD at ₹102.30, implying a yield to maturity of 9.14%.

More Bonds from This Issuer
9
Tourism Finance Corporatio… 9.60% Feb 2028 NCD
A+
Coupon
9.60%
Maturity
25 Feb 2028
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