N
AAA Secured NCD

NTPC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
9.44%
Per annum
Maturity Date
16 May 2031
4.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~9.44%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+287 bps
vs 4.7Y G-Sec at 6.57% *
Above the median spread for similar-tenor peers
Tenure
4.7 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
16 May 2027
Interest Payment
₹9,440.00 / Bond
16 May 2028
Interest Payment
₹9,440.00 / Bond
16 May 2029
Interest Payment
₹9,440.00 / Bond
16 May 2030
Interest Payment
₹9,440.00 / Bond
16 May 2031
Principal Payment
₹100,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AA by CRISIL on 2026-06-25 Issued 2012-05-16 Matures 2031-05-16

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

Key Metrics
Coupon Rate
9.44%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.7 Years
Advanced metrics
Modified Duration
3.59 Yrs
Macaulay Duration
3.93 Yrs
Issue Size
₹5 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.56 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
2012-05-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by NTPC Limited, 9.4376% Secured Non-Cumulative, Non-Convertible Redeemable Taxable Bonds in the nature of Debentures. Letter of Allotment. Series-XLV -STRPP-N. Date of Maturity 16.05.2031 is a secured, rated, ncd paying a 9.44% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-25 CRISIL Reaffirm AA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2013-06-03
Rating Actions History 1 2026-06-25
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on NTPC 9.44% May 2031 NCD?

NTPC 9.44% May 2031 NCD carries a coupon of 9.44%, paid annual, on a face value of ₹100,000.

When does NTPC 9.44% May 2031 NCD mature?

NTPC 9.44% May 2031 NCD matures on 2031-05-16, 4.7 years from today.

What is NTPC 9.44% May 2031 NCD rated?

NTPC 9.44% May 2031 NCD is rated AAA by CRISIL. As of 2013-06-03.

Is NTPC 9.44% May 2031 NCD secured?

NTPC 9.44% May 2031 NCD is a secured bond.

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