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Power Grid Corporation of In… 7.40% Feb 2033 NCD

AAA Unsecured NCD

Power Grid Corporation of India Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
7.40%
Per annum
Maturity Date
17 Feb 2033
6.5 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹67,500
Per Bond
Market Position
YTM (Annual) EST
~7.40%
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
+56 bps
vs 6.5Y G-Sec at 6.84% *
Below the median spread for similar-tenor peers
Tenure
6.5 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
17 Nov 2026
Interest Payment
₹1,248.75 / Bond
17 Feb 2027
Interest Payment
₹1,248.75 / Bond
17 May 2027
Interest Payment
₹1,248.75 / Bond
17 Aug 2027
Interest Payment
₹1,248.75 / Bond
17 Nov 2027
Interest Payment
₹1,248.75 / Bond
17 Feb 2028
Interest Payment
₹1,248.75 / Bond
17 May 2028
Interest Payment
₹1,248.75 / Bond
17 Aug 2028
Interest Payment
₹1,248.75 / Bond
17 Feb 2033
Principal Payment
₹67,500.00 / Bond

Next 8 coupons + principal at maturity · per ₹67,500 face value

Payment Disclosures (SEBI Reg52(4)) 2 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-17 Interest ₹266,900,000.00 ₹266,900,000.00 Paid XBRL →
2026-08-17 Redemption ₹530,000,000.00 ₹530,000,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Rating action: by CRISIL on 2026-08-25 Rating action: by CRISIL on 2026-06-24 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-17 Redemption paid (SEBI Reg52(4) disclosure) — due 2026-08-17 Issued 2023-02-17 Matures 2033-02-17

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

2 SEBI Reg52(4) disclosed payments — hover a square/diamond for detail.

Key Metrics
Coupon Rate
7.40%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
6.5 Years
Advanced metrics
Modified Duration
5.09 Yrs
Macaulay Duration
5.18 Yrs
Issue Size
₹2,120 Cr
Minimum Investment
₹67,500
(1 Bond)
Market Characteristics
Modified Duration
5.09 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
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 2.60 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
2023-02-17
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.40% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURES SERIES LXX DATE OF MATURITY 17/02/2033 is a rated, redeemable ncd issued by Power Grid Corporation of India Ltd. The bond offers a fixed coupon of 7.40% p.a. with quarterly interest payments and repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Other View →
2026-06-24 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2023-02-08
Rating Actions History 2 2026-08-25
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 2 NSE 2026-08-17
  • 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… 7.40% Feb 2033 NCD?

Power Grid Corporation of In… 7.40% Feb 2033 NCD carries a coupon of 7.40%, paid quarterly, on a face value of ₹67,500.

When does Power Grid Corporation of In… 7.40% Feb 2033 NCD mature?

Power Grid Corporation of In… 7.40% Feb 2033 NCD matures on 2033-02-17, 6.5 years from today.

What is Power Grid Corporation of In… 7.40% Feb 2033 NCD rated?

Power Grid Corporation of In… 7.40% Feb 2033 NCD is rated AAA by ICRA. As of 2023-02-08.

Is Power Grid Corporation of In… 7.40% Feb 2033 NCD secured?

Power Grid Corporation of In… 7.40% Feb 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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