T
AAA Unsecured NCD

Tata Capital Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
8.09%
Market YTM
Coupon Rate
8.95%
Per annum
Maturity Date
16 Apr 2029
2.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.09%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+184 bps
vs 2.6Y G-Sec at 6.25%
Below the median spread for similar-tenor peers
Tenure
2.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-27
Cashflow Timeline
16 Apr 2027
Interest Payment
₹89,500.00 / Bond
16 Apr 2028
Interest Payment
₹89,500.00 / Bond
16 Apr 2029
Principal Payment
₹1,000,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-07-22 Issued 2019-04-16 Matures 2029-04-16

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

Key Metrics
Coupon Rate
8.95%
YTM (Annual)
8.09%
Credit Rating
AAA
(ICRA)
Remaining Tenure
2.6 Years
Advanced metrics
Modified Duration
2.21 Yrs
Macaulay Duration
2.39 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.21 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
BSE
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.05 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
2019-04-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Tata Capital Limited issued this rated, ncd (8.95% UNSECURED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. TCFSL TIER II BONDS A SERIES FY 2019-20. DATE OF MATURITY: 16/04/2029) carrying a 8.95% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-22 CRISIL Initial AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 101.8700 8.0900 2
2026-08-21 101.0700 8.4400 2
2026-08-19 101.0700 8.4400 1
2026-08-18 101.0700 8.4400 1
2026-08-12 102.1200 8.0000 1
2026-08-11 101.2200 8.3800 3
2026-08-10 101.0700 8.4500 1
2026-07-30 102.7500 7.7500 1
2026-07-08 103.0600 7.6500 1
2026-06-29 102.8400 7.7500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2019-05-15
Rating Actions History 1 2026-07-22
Secondary-Market Trades 10 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 Tata Capital 8.95% Apr 2029 NCD?

Tata Capital 8.95% Apr 2029 NCD carries a coupon of 8.95%, paid annual, on a face value of ₹1,000,000.

When does Tata Capital 8.95% Apr 2029 NCD mature?

Tata Capital 8.95% Apr 2029 NCD matures on 2029-04-16, 2.6 years from today.

What is Tata Capital 8.95% Apr 2029 NCD rated?

Tata Capital 8.95% Apr 2029 NCD is rated AAA by ICRA. As of 2019-05-15.

Is Tata Capital 8.95% Apr 2029 NCD secured?

Tata Capital 8.95% Apr 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Tata Capital 8.95% Apr 2029 NCD be called or put back early?

Tata Capital 8.95% Apr 2029 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 Tata Capital 8.95% Apr 2029 NCD currently offer?

The last recorded trade on 2026-08-27 priced Tata Capital 8.95% Apr 2029 NCD at ₹101.87, implying a yield to maturity of 8.09%.

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Maturity
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