N
AAA Secured NCD

NTPC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
4.20%
Market YTM
Coupon Rate
7.28%
Per annum
Maturity Date
05 Oct 2030
4.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
4.20%
Live, last traded 2026-08-14
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-181 bps
vs 4.1Y G-Sec at 6.00%
Below the median spread for similar-tenor peers
Tenure
4.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-06-30 2026-08-14
Cashflow Timeline
5 Oct 2026
Interest Payment
₹72.80 / Bond
5 Oct 2027
Interest Payment
₹72.80 / Bond
5 Oct 2028
Interest Payment
₹72.80 / Bond
5 Oct 2029
Interest Payment
₹72.80 / Bond
5 Oct 2030
Principal Payment
₹1,000.00 / Bond

Next 4 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 2015-10-05 Matures 2030-10-05

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

Key Metrics
Coupon Rate
7.28%
YTM (Annual)
4.20%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.1 Years
Advanced metrics
Modified Duration
3.37 Yrs
Macaulay Duration
3.51 Yrs
Issue Size
₹129 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.37 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-14
NSE CM
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.72 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
2015-10-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by NTPC Limited, 7.28% SECURED REDEEMABLE NON CONVERTIBLE TAX FREE BONDS IN THE NATURE OF DEBENTURES. SERIES 2A. DATE OF MATURITY 05/10/2030 is a secured, rated, ncd paying a 7.28% p.a. coupon annual. The instrument 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
2026-08-14 111.6100 4.1950 None
2026-08-13 107.0900 5.3200 1
2026-08-06 107.3400 5.2600 1
2026-07-28 107.7600 5.1600 1
2026-07-13 112.2000 4.1049 None
2026-07-03 111.6100 4.2653 626
2026-06-30 131.9900 1142
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2015-09-01
Rating Actions History 1 2026-06-25
Secondary-Market Trades 7 NSE CM 2026-08-14
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 7.28% Oct 2030 NCD?

NTPC 7.28% Oct 2030 NCD carries a coupon of 7.28%, paid annual, on a face value of ₹1,000.

When does NTPC 7.28% Oct 2030 NCD mature?

NTPC 7.28% Oct 2030 NCD matures on 2030-10-05, 4.1 years from today.

What is NTPC 7.28% Oct 2030 NCD rated?

NTPC 7.28% Oct 2030 NCD is rated AAA by CRISIL. As of 2015-09-01.

Is NTPC 7.28% Oct 2030 NCD secured?

NTPC 7.28% Oct 2030 NCD is a secured bond.

Can NTPC 7.28% Oct 2030 NCD be called or put back early?

NTPC 7.28% Oct 2030 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 7.28% Oct 2030 NCD currently offer?

The last recorded trade on 2026-08-14 priced NTPC 7.28% Oct 2030 NCD at ₹111.61, implying a yield to maturity of 4.20%.

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