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Power Grid Corporation of In… 8.32% Dec 2030 NCD

AAA Secured NCD

Power Grid Corporation of India Ltd

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
No live YTM available
Coupon Rate
8.32%
Per annum
Maturity Date
23 Dec 2030
4.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.32%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+249 bps
vs 4.3Y G-Sec at 5.83% *
Below the median spread for similar-tenor peers
Tenure
4.3 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
23 Dec 2026
Interest Payment
₹83,200.00 / Bond
23 Dec 2027
Interest Payment
₹83,200.00 / Bond
23 Dec 2028
Interest Payment
₹83,200.00 / Bond
23 Dec 2029
Interest Payment
₹83,200.00 / Bond
23 Dec 2030
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-25 Rating action: by CRISIL on 2026-06-24 Issued 2015-12-23 Matures 2030-12-23

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
8.32%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.3 Years
Advanced metrics
Modified Duration
3.33 Yrs
Macaulay Duration
3.61 Yrs
Issue Size
₹466 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.33 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.68 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
Instrument Type
NCD
Issue Date
2015-12-23
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.32% SECURED NON CONVERTIBLE NON CUMULATIVE REDEEMABLE TAXABLE POWER GRID BONDS LII-ISSUE 2015-16. STRPP-C. LETTER OF ALLOTMENT.DATE OF MATURITY 23/12/2030 is a secured, rated, redeemable ncd issued by Power Grid Corporation of India Ltd. The bond offers a fixed coupon of 8.32% 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 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Other View →
2026-06-24 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2015-11-24
Rating Actions History 2 2026-08-25
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

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 Power Grid Corporation of In… 8.32% Dec 2030 NCD?

Power Grid Corporation of In… 8.32% Dec 2030 NCD carries a coupon of 8.32%, paid annual, on a face value of ₹1,000,000.

When does Power Grid Corporation of In… 8.32% Dec 2030 NCD mature?

Power Grid Corporation of In… 8.32% Dec 2030 NCD matures on 2030-12-23, 4.3 years from today.

What is Power Grid Corporation of In… 8.32% Dec 2030 NCD rated?

Power Grid Corporation of In… 8.32% Dec 2030 NCD is rated AAA by CRISIL. As of 2015-11-24.

Is Power Grid Corporation of In… 8.32% Dec 2030 NCD secured?

Power Grid Corporation of In… 8.32% Dec 2030 NCD is a secured bond.

Can Power Grid Corporation of In… 8.32% Dec 2030 NCD be called or put back early?

Power Grid Corporation of In… 8.32% Dec 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.

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