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NHPC 6.86% May 2038 NCD (INE848E08326)

CARE AAA Unsecured NCD

NHPC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2038

94 more bonds from NHPC Limited →
Current YTM
—
No market YTM available
Coupon Rate
6.86%
Per annum
Maturity Date
06 May 2038
11.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
11.5 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.

Showing last 10 trades.

Cashflow Timeline

6 May 2027
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2028
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2029
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2030
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2031
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2032
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2033
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
6 May 2034
Interest Payment
₹6,860.00 / Bond
₹6,174.00 net of 10% TDS (est.)
…
+3 more coupons until 6 May 2037
₹6,860.00 each / Bond
6 May 2038
Final coupon + principal
₹1,06,860.00 / Bond
₹6,860.00 coupon + ₹1,00,000 face value

12 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 6 May 2025 Matures 6 May 2038

Key Metrics

Coupon Rate
6.86%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 31 May 2025, 17 months ago
Over 15 months old; see below
Remaining Tenure
11.5 Years

AAA (CARE): Rated 31 May 2025 (17 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
7.52 Yrs
Macaulay Duration
8.04 Yrs
Issue Size
₹194 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
7.52 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
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 3.34 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Issuer
Instrument Type
NCD
Issue Date
6 May 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by NHPC Limited, NHPC 6.86% May 2038 NCD is an unsecured, rated NCD. It pays a 6.86% p.a. coupon, annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about NHPC Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-05-31
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE848E08326
Issue Date
6 May 2025
Maturity Date
6 May 2038
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on NHPC 6.86% May 2038 NCD?

NHPC 6.86% May 2038 NCD carries a coupon of 6.86%, paid annual, on a face value of ₹1,00,000.

When does NHPC 6.86% May 2038 NCD mature?

NHPC 6.86% May 2038 NCD matures on 6 May 2038, 11.5 years from today.

What is NHPC 6.86% May 2038 NCD rated?

NHPC 6.86% May 2038 NCD is rated AAA by CARE (rating dated 31 May 2025).

Is NHPC 6.86% May 2038 NCD secured?

NHPC 6.86% May 2038 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does NHPC 6.86% May 2038 NCD trade?

NHPC 6.86% May 2038 NCD is listed on BSE.

More Bonds from This Issuer

N
NHPC 8.54% Nov 2026 NCD
INE848E07757
AAA NSDL record, 2014
Coupon
8.54%
Maturity
26 Nov 2026
N
NHPC 7.38% Jan 2027 NCD
INE848E07AU1
AAA
Coupon
7.38%
Maturity
02 Jan 2027
N
NHPC 7.13% Feb 2027 NCD
INE848E07AZ0
AAA
Coupon
7.13%
Maturity
11 Feb 2027
N
NHPC 8.85% Feb 2027 NCD
INE848E07385
AAA NSDL record, 2013
Coupon
8.85%
Maturity
11 Feb 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2038

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 6.86%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE906B07IG5National Highways Authority of IndiaAAA6.94%2037-11-27
INE906B07IY8National Highways Authority of IndiaAAA7.26%2038-08-10
INE062A08389State Bank of IndiaAAA7.54%2038-08-01
INE134E08LV9Power Finance Corporation LimitedAAA7.65%2037-11-13
INE0KUG08027National Bank for Financing Infrastructure and DevelopmentAAA7.65%2038-12-22
INE261F08DY8National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20237.70%2038-02-17

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