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Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD

A Unsecured NCD

Tamilnadu Generation and Distribution Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2026

Current YTM
8.50%
Market YTM
Coupon Rate
9.70%
Per annum
Maturity Date
24 Dec 2026
0.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.50%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+300 bps
vs 0.3Y G-Sec at 5.50%
Below the median spread for similar-tenor peers
Tenure
0.3 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
24 Dec 2026
Principal Payment
₹1,000,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2016-12-24 Matures 2026-12-24
Key Metrics
Coupon Rate
9.70%
YTM (Annual)
8.50%
Credit Rating
A
(INDIA_RATINGS)
Remaining Tenure
0.3 Years
Advanced metrics
Modified Duration
0.31 Yrs
Macaulay Duration
0.32 Yrs
Issue Size
₹40 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.31 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-21
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.30 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
2016-12-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by Tamilnadu Generation and Distribution Corporation Limited, 9.70% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS SERIES II 2016-17. DATE OF MATURITY 24/12/2026 is a rated, ncd paying a 9.70% p.a. coupon semi annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-21 40.1750 8.5000 None
2026-08-20 40.1750 8.5000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2016-10-06
Rating Actions History 0
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-21
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 Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD?

Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD carries a coupon of 9.70%, paid semi annual, on a face value of ₹1,000,000.

When does Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD mature?

Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD matures on 2026-12-24, 0.3 years from today.

What is Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD rated?

Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD is rated A by INDIA_RATINGS. As of 2016-10-06.

Is Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD secured?

Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD be called or put back early?

Tamilnadu Generation and Dis… 9.70% Dec 2026 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 Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD currently offer?

The last recorded trade on 2026-08-21 priced Tamilnadu Generation and Dis… 9.70% Dec 2026 NCD at ₹40.17, implying a yield to maturity of 8.50%.

More Bonds from This Issuer
9
Tamilnadu Generation and D… 9.25% Mar 2027 NCD
A-
Coupon
9.25%
Maturity
27 Mar 2027
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