N
AAA / Stable Unsecured NCD

NTPC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.09%
Market YTM
Coupon Rate
6.69%
Per annum
Maturity Date
13 Sep 2031
5.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.09%
Live, last traded 2026-08-05
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+69 bps
vs 5.0Y G-Sec at 6.40%
Below the median spread for similar-tenor peers
Tenure
5.0 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
13 Sep 2026
Interest Payment
₹66,900.00 / Bond
13 Sep 2027
Interest Payment
₹66,900.00 / Bond
13 Sep 2028
Interest Payment
₹66,900.00 / Bond
13 Sep 2029
Interest Payment
₹66,900.00 / Bond
13 Sep 2030
Interest Payment
₹66,900.00 / Bond
13 Sep 2031
Principal Payment
₹1,000,000.00 / Bond

Next 5 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 2021-09-13 Matures 2031-09-13

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

Key Metrics
Coupon Rate
6.69%
YTM (Annual)
7.09%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
5.0 Years
Advanced metrics
Modified Duration
3.89 Yrs
Macaulay Duration
4.16 Yrs
Issue Size
₹3,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.89 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-05
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 3.31 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2021-09-13
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

NTPC-6.69%-13-09-31-PVT is a rated, redeemable ncd issued by NTPC Limited. The bond offers a fixed coupon of 6.69% p.a. with annual interest payments and 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
2026-08-05 98.2991 7.0950 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2021-09-30
Rating Actions History 1 2026-06-25
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-05
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 6.69% Sep 2031 NCD?

NTPC 6.69% Sep 2031 NCD carries a coupon of 6.69%, paid annual, on a face value of ₹1,000,000.

When does NTPC 6.69% Sep 2031 NCD mature?

NTPC 6.69% Sep 2031 NCD matures on 2031-09-13, 5.0 years from today.

What is NTPC 6.69% Sep 2031 NCD rated?

NTPC 6.69% Sep 2031 NCD is rated AAA by CRISIL and AAA by CARE. As of 2021-09-30.

Is NTPC 6.69% Sep 2031 NCD secured?

NTPC 6.69% Sep 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does NTPC 6.69% Sep 2031 NCD trade?

NTPC 6.69% Sep 2031 NCD is listed on BSE.

What yield does NTPC 6.69% Sep 2031 NCD currently offer?

The last recorded trade on 2026-08-05 priced NTPC 6.69% Sep 2031 NCD at ₹98.30, implying a yield to maturity of 7.09%.

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Maturity
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Maturity
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