N
AAA Secured NCD

NTPC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
4.75%
Market YTM
Coupon Rate
8.66%
Per annum
Maturity Date
16 Dec 2033
7.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
4.75%
Live, last traded 2026-08-12
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-183 bps
vs 7.3Y G-Sec at 6.58%
Below the median spread for similar-tenor peers
Tenure
7.3 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
16 Dec 2026
Interest Payment
₹86.60 / Bond
16 Dec 2027
Interest Payment
₹86.60 / Bond
16 Dec 2028
Interest Payment
₹86.60 / Bond
16 Dec 2029
Interest Payment
₹86.60 / Bond
16 Dec 2030
Interest Payment
₹86.60 / Bond
16 Dec 2031
Interest Payment
₹86.60 / Bond
16 Dec 2032
Interest Payment
₹86.60 / Bond
16 Dec 2033
Principal Payment
₹1,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AA by CRISIL on 2026-06-25 Issued 2013-12-16 Matures 2033-12-16

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

Key Metrics
Coupon Rate
8.66%
YTM (Annual)
4.75%
Credit Rating
AAA
(ICRA)
Remaining Tenure
7.3 Years
Advanced metrics
Modified Duration
5.36 Yrs
Macaulay Duration
5.61 Yrs
Issue Size
₹312 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
5.36 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-12
NSE CM
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.34 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
Issuer
Instrument Type
NCD
Issue Date
2013-12-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.66% SECURED NON-CONVERTIBLE REDEEMABLE TAX FREE BONDS IN THE NATURE OF DEBENTURES. SERIES 3A. DATE OF MATURITY 16/12/2033 is a secured, rated, redeemable ncd issued by NTPC Limited. The bond offers a fixed coupon of 8.66% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-25 CRISIL Reaffirm AA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-12 124.0000 4.7492 None
2026-07-29 120.8000 5.1900 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2013-11-08
Rating Actions History 1 2026-06-25
Secondary-Market Trades 2 NSE CM 2026-08-12
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 NTPC 8.66% Dec 2033 NCD?

NTPC 8.66% Dec 2033 NCD carries a coupon of 8.66%, paid annual, on a face value of ₹1,000.

When does NTPC 8.66% Dec 2033 NCD mature?

NTPC 8.66% Dec 2033 NCD matures on 2033-12-16, 7.3 years from today.

What is NTPC 8.66% Dec 2033 NCD rated?

NTPC 8.66% Dec 2033 NCD is rated AAA by ICRA. As of 2013-11-08.

Is NTPC 8.66% Dec 2033 NCD secured?

NTPC 8.66% Dec 2033 NCD is a secured bond.

Can NTPC 8.66% Dec 2033 NCD be called or put back early?

NTPC 8.66% Dec 2033 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 NTPC 8.66% Dec 2033 NCD currently offer?

The last recorded trade on 2026-08-12 priced NTPC 8.66% Dec 2033 NCD at ₹124.00, implying a yield to maturity of 4.75%.

More Bonds from This Issuer
8
NTPC 8.79% Sep 2026 NCD
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Coupon
8.79%
Maturity
15 Sep 2026
7
NTPC 7.47% Sep 2026 NCD
AAA
Coupon
7.47%
Maturity
16 Sep 2026
8
NTPC 8.81% Dec 2026 NCD
AAA
Coupon
8.81%
Maturity
15 Dec 2026
9
NTPC 9.67% Dec 2026 NCD
AAA
Coupon
9.67%
Maturity
23 Dec 2026
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