N
AAA Secured NCD

NHPC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
4.69%
Market YTM
Coupon Rate
8.92%
Per annum
Maturity Date
02 Nov 2033
7.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
4.69%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-192 bps
vs 7.2Y G-Sec at 6.61%
Below the median spread for similar-tenor peers
Tenure
7.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-27
Cashflow Timeline
2 Nov 2026
Interest Payment
₹89.20 / Bond
2 Nov 2027
Interest Payment
₹89.20 / Bond
2 Nov 2028
Interest Payment
₹89.20 / Bond
2 Nov 2029
Interest Payment
₹89.20 / Bond
2 Nov 2030
Interest Payment
₹89.20 / Bond
2 Nov 2031
Interest Payment
₹89.20 / Bond
2 Nov 2032
Interest Payment
₹89.20 / Bond
2 Nov 2033
Principal Payment
₹1,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2013-11-02 Matures 2033-11-02
Key Metrics
Coupon Rate
8.92%
YTM (Annual)
4.69%
Credit Rating
AAA
(ICRA)
Remaining Tenure
7.2 Years
Advanced metrics
Modified Duration
5.22 Yrs
Macaulay Duration
5.46 Yrs
Issue Size
₹254 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
5.22 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
13
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 13 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.08 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
2013-11-02
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by NHPC Limited, 8.92% SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 02/11/2033 is a secured, rated, ncd paying a 8.92% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 125.5000 4.6936 171
2026-08-26 124.0720 4.9018 None
2026-08-25 124.0300 4.9091 None
2026-08-24 126.2000 4.5969 None
2026-08-18 126.4000 4.5757 None
2026-08-17 126.9990 4.4919 None
2026-08-14 126.0000 4.6375 None
2026-08-12 126.0000 4.6399 None
2026-08-11 126.0000 4.6411 None
2026-08-10 126.0000 4.6423 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2013-09-27
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-27
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 NHPC 8.92% Nov 2033 NCD?

NHPC 8.92% Nov 2033 NCD carries a coupon of 8.92%, paid annual, on a face value of ₹1,000.

When does NHPC 8.92% Nov 2033 NCD mature?

NHPC 8.92% Nov 2033 NCD matures on 2033-11-02, 7.2 years from today.

What is NHPC 8.92% Nov 2033 NCD rated?

NHPC 8.92% Nov 2033 NCD is rated AAA by ICRA. As of 2013-09-27.

Is NHPC 8.92% Nov 2033 NCD secured?

NHPC 8.92% Nov 2033 NCD is a secured bond.

What yield does NHPC 8.92% Nov 2033 NCD currently offer?

The last recorded trade on 2026-08-27 priced NHPC 8.92% Nov 2033 NCD at ₹125.50, implying a yield to maturity of 4.69%.

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Maturity
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