N
AAA Secured NCD

NTPC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

Current YTM
5.40%
Market YTM
Coupon Rate
8.61%
Per annum
Maturity Date
04 Mar 2034
7.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
5.40%
Live, last traded 2026-06-29
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-137 bps
vs 7.5Y G-Sec at 6.77%
Below the median spread for similar-tenor peers
Tenure
7.5 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
4 Mar 2027
Interest Payment
₹86,100.00 / Bond
4 Mar 2028
Interest Payment
₹86,100.00 / Bond
4 Mar 2029
Interest Payment
₹86,100.00 / Bond
4 Mar 2030
Interest Payment
₹86,100.00 / Bond
4 Mar 2031
Interest Payment
₹86,100.00 / Bond
4 Mar 2032
Interest Payment
₹86,100.00 / Bond
4 Mar 2033
Interest Payment
₹86,100.00 / Bond
4 Mar 2034
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AA by CRISIL on 2026-06-25 Issued 2014-03-04 Matures 2034-03-04

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

Key Metrics
Coupon Rate
8.61%
YTM (Annual)
5.40%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
7.5 Years
Advanced metrics
Modified Duration
5.50 Yrs
Macaulay Duration
5.80 Yrs
Issue Size
₹320 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.50 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-06-29
NSE OTC (WAP)
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 1.39 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2014-03-04
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by NTPC Limited, NTPC-8.61%-LIC-04-03-34-PVT is a secured, rated, ncd paying a 8.61% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-25 CRISIL Reaffirm AA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-06-29 119.6741 5.4000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2014-03-31
Rating Actions History 1 2026-06-25
Secondary-Market Trades 1 NSE OTC (WAP) 2026-06-29
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on NTPC 8.61% Mar 2034 NCD?

NTPC 8.61% Mar 2034 NCD carries a coupon of 8.61%, paid annual, on a face value of ₹1,000,000.

When does NTPC 8.61% Mar 2034 NCD mature?

NTPC 8.61% Mar 2034 NCD matures on 2034-03-04, 7.5 years from today.

What is NTPC 8.61% Mar 2034 NCD rated?

NTPC 8.61% Mar 2034 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2014-03-31.

Is NTPC 8.61% Mar 2034 NCD secured?

NTPC 8.61% Mar 2034 NCD is a secured bond.

Where does NTPC 8.61% Mar 2034 NCD trade?

NTPC 8.61% Mar 2034 NCD is listed on BSE.

What yield does NTPC 8.61% Mar 2034 NCD currently offer?

The last recorded trade on 2026-06-29 priced NTPC 8.61% Mar 2034 NCD at ₹119.67, implying a yield to maturity of 5.40%.

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Maturity
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Maturity
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NTPC 8.81% Dec 2026 NCD
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Maturity
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Coupon
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Maturity
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