N
AAA Unsecured NCD

NTPC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2036

Current YTM
No live YTM available
Coupon Rate
6.87%
Per annum
Maturity Date
21 Apr 2036
9.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~6.87%
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
+10 bps
vs 9.6Y G-Sec at 6.77% *
Below the median spread for similar-tenor peers
Tenure
9.6 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
20 Apr 2027
Interest Payment
₹68,700.00 / Bond
20 Apr 2028
Interest Payment
₹68,700.00 / Bond
20 Apr 2029
Interest Payment
₹68,700.00 / Bond
20 Apr 2030
Interest Payment
₹68,700.00 / Bond
20 Apr 2031
Interest Payment
₹68,700.00 / Bond
20 Apr 2032
Interest Payment
₹68,700.00 / Bond
20 Apr 2033
Interest Payment
₹68,700.00 / Bond
20 Apr 2034
Interest Payment
₹68,700.00 / Bond
21 Apr 2036
Principal Payment
₹1,000,000.00 / Bond

Next 8 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 2021-04-20 Matures 2036-04-21

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

Key Metrics
Coupon Rate
6.87%
YTM (Annual)
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
9.6 Years
Advanced metrics
Modified Duration
6.73 Yrs
Macaulay Duration
7.20 Yrs
Issue Size
₹3,996 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
6.73 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 3.13 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
2021-04-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by NTPC Limited, 6.87% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT.SERIES 74.MATURITY DATE 21/04/2036 is a rated, ncd paying a 6.87% 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 INDIA_RATINGS 2021-03-31
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 6.87% Apr 2036 NCD?

NTPC 6.87% Apr 2036 NCD carries a coupon of 6.87%, paid annual, on a face value of ₹1,000,000.

When does NTPC 6.87% Apr 2036 NCD mature?

NTPC 6.87% Apr 2036 NCD matures on 2036-04-21, 9.6 years from today.

What is NTPC 6.87% Apr 2036 NCD rated?

NTPC 6.87% Apr 2036 NCD is rated AAA by INDIA_RATINGS. As of 2021-03-31.

Is NTPC 6.87% Apr 2036 NCD secured?

NTPC 6.87% Apr 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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