N
AAA Unsecured NCD

NHPC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
7.33%
Market YTM
Coupon Rate
7.20%
Per annum
Maturity Date
27 Jan 2035
8.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.33%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+72 bps
vs 8.4Y G-Sec at 6.60%
Below the median spread for similar-tenor peers
Tenure
8.4 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
27 Jan 2027
Interest Payment
₹7,200.00 / Bond
27 Jan 2028
Interest Payment
₹7,200.00 / Bond
27 Jan 2029
Interest Payment
₹7,200.00 / Bond
27 Jan 2030
Interest Payment
₹7,200.00 / Bond
27 Jan 2031
Interest Payment
₹7,200.00 / Bond
27 Jan 2032
Interest Payment
₹7,200.00 / Bond
27 Jan 2033
Interest Payment
₹7,200.00 / Bond
27 Jan 2034
Interest Payment
₹7,200.00 / Bond
27 Jan 2035
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-01-27 Matures 2035-01-27
Key Metrics
Coupon Rate
7.20%
YTM (Annual)
7.33%
Credit Rating
AAA
(CARE)
Remaining Tenure
8.4 Years
Advanced metrics
Modified Duration
5.89 Yrs
Macaulay Duration
6.33 Yrs
Issue Size
₹2,489 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.89 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-17
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 2.80 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2025-01-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

NHPC-7.20%-27-1-35-PVT is a rated, redeemable ncd issued by NHPC Limited. The bond offers a fixed coupon of 7.20% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 99.1101 7.3275 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, INDIA_RATINGS 2025-01-31
Rating Actions History 0
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-17
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 NHPC 7.20% Jan 2035 NCD?

NHPC 7.20% Jan 2035 NCD carries a coupon of 7.20%, paid annual, on a face value of ₹100,000.

When does NHPC 7.20% Jan 2035 NCD mature?

NHPC 7.20% Jan 2035 NCD matures on 2035-01-27, 8.4 years from today.

What is NHPC 7.20% Jan 2035 NCD rated?

NHPC 7.20% Jan 2035 NCD is rated AAA by CARE and AAA by INDIA_RATINGS. As of 2025-01-16.

Is NHPC 7.20% Jan 2035 NCD secured?

NHPC 7.20% Jan 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does NHPC 7.20% Jan 2035 NCD trade?

NHPC 7.20% Jan 2035 NCD is listed on BSE.

What yield does NHPC 7.20% Jan 2035 NCD currently offer?

The last recorded trade on 2026-08-17 priced NHPC 7.20% Jan 2035 NCD at ₹99.11, implying a yield to maturity of 7.33%.

More Bonds from This Issuer
N
NHPC 7.35% Sep 2026 NCD
AAA
Coupon
7.35%
Maturity
15 Sep 2026
7
NHPC 7.50% Oct 2026 NCD
AAA
Coupon
7.50%
Maturity
07 Oct 2026
8
NHPC 8.54% Nov 2026 NCD
AAA
Coupon
8.54%
Maturity
26 Nov 2026
N
NHPC 7.38% Jan 2027 NCD
AAA
Coupon
7.38%
Maturity
02 Jan 2027
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