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Tourism Finance Corporation… 9.60% Feb 2028 NCD

A+ Unsecured NCD

Tourism Finance Corporation of India Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
9.00%
Market YTM
Coupon Rate
9.60%
Per annum
Maturity Date
25 Feb 2028
1.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
9.00%
Live, last traded 2026-07-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+322 bps
vs 1.5Y G-Sec at 5.78%
Above the median spread for similar-tenor peers
Tenure
1.5 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
25 Feb 2027
Interest Payment
₹96,000.00 / Bond
25 Feb 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) ┊ Today
Today Issued 2013-02-25 Matures 2028-02-25
Key Metrics
Coupon Rate
9.60%
YTM (Annual)
9.00%
Credit Rating
A+
(CARE)
Remaining Tenure
1.5 Years
Advanced metrics
Modified Duration
1.29 Yrs
Macaulay Duration
1.40 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.29 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
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.40 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

Tourism Finance Corporation of India Limited issued this rated, ncd (9.60% UNSECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF PROMISSORY NOTES.SERIES MB XLVI-B. LETTER OF ALLOTMENT. DATE OF MATURITY 25/02/2028) carrying a 9.60% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-21 100.5000 9.0000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2013-06-28
Rating Actions History 0
Secondary-Market Trades 1 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 Tourism Finance Corporation… 9.60% Feb 2028 NCD?

Tourism Finance Corporation… 9.60% Feb 2028 NCD carries a coupon of 9.60%, paid annual, on a face value of ₹1,000,000.

When does Tourism Finance Corporation… 9.60% Feb 2028 NCD mature?

Tourism Finance Corporation… 9.60% Feb 2028 NCD matures on 2028-02-25, 1.5 years from today.

What is Tourism Finance Corporation… 9.60% Feb 2028 NCD rated?

Tourism Finance Corporation… 9.60% Feb 2028 NCD is rated A+ by CARE. As of 2013-06-28.

Is Tourism Finance Corporation… 9.60% Feb 2028 NCD secured?

Tourism Finance Corporation… 9.60% Feb 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Tourism Finance Corporation… 9.60% Feb 2028 NCD currently offer?

The last recorded trade on 2026-07-21 priced Tourism Finance Corporation… 9.60% Feb 2028 NCD at ₹100.50, implying a yield to maturity of 9.00%.

More Bonds from This Issuer
9
Tourism Finance Corporatio… 9.65% Feb 2033 NCD
AA
Coupon
9.65%
Maturity
25 Feb 2033
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