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NHPC 7.67% May 2041 NCD (INE848E08482)

India Ratings AAA / Stable Unsecured NCD

NHPC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2041

94 more bonds from NHPC Limited →
Current YTM
7.27%
Market YTM
Coupon Rate
7.67%
Per annum
Maturity Date
29 May 2041
14.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
7.27%
Last traded 8 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+4 bps
vs 14.6Y G-Sec at 7.23%
Below the median spread for similar-tenor peers
Tenure
14.6 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.

Price data as a table: Recent Market Prices

Cashflow Timeline

29 May 2027
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2028
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2029
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2030
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2031
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2032
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2033
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
29 May 2034
Interest Payment
₹7,670.00 / Bond
₹6,903.00 net of 10% TDS (est.)
…
+6 more coupons until 29 May 2040
₹7,670.00 each / Bond
29 May 2041
Final coupon + principal
₹1,07,670.00 / Bond
₹7,670.00 coupon + ₹1,00,000 face value

15 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 29 May 2026 Matures 29 May 2041

Key Metrics

Coupon Rate
7.67%
YTM (Annual)
7.27%
Credit Rating
AAA
(India Ratings) · rated 30 Jun 2026, 4 months ago
Remaining Tenure
14.6 Years
Advanced metrics
Modified Duration
8.44 Yrs
Macaulay Duration
9.06 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
8.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
8 Oct 2026
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 2.53 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 7 Nov 2026
Issuer
Instrument Type
NCD
Issue Date
29 May 2026
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by NHPC Limited, NHPC 7.67% May 2041 NCD is an unsecured, rated NCD. It pays a 7.67% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
30 Jun 2026 India Ratings AAA Stable Latest BSE listing
2026 CARE AAA — NSDL record, 2026 NSDL debt master
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.

Recent Market Prices

Recent BSE trades for INE848E08482: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-08 103.3842 7.2738 —
2026-07-16 102.3042 7.4000 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, India Ratings 2026-06-30
Rating Actions History 0 — —
Secondary-Market Trades 2 NSE OTC (WAP) 2026-10-08
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
NSDL debt master
Last Updated
7 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)
₹1,03,384.20
YTM7.27%
Trade Date 8 Oct 2026 31d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹3,446.25
Dirty price (est.)₹1,06,830.45
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE848E08482
Issue Date
29 May 2026
Maturity Date
29 May 2041
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 7.67% May 2041 NCD?

NHPC 7.67% May 2041 NCD carries a coupon of 7.67%, paid annual, on a face value of ₹1,00,000.

When does NHPC 7.67% May 2041 NCD mature?

NHPC 7.67% May 2041 NCD matures on 29 May 2041, 14.6 years from today.

What is NHPC 7.67% May 2041 NCD rated?

NHPC 7.67% May 2041 NCD is rated AAA by India Ratings (rating dated 30 Jun 2026).

Is NHPC 7.67% May 2041 NCD secured?

NHPC 7.67% May 2041 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does NHPC 7.67% May 2041 NCD trade?

NHPC 7.67% May 2041 NCD is listed on BSE.

What yield does NHPC 7.67% May 2041 NCD currently offer?

The last recorded trade on 8 Oct 2026 priced NHPC 7.67% May 2041 NCD at ₹1,03,384.20 per bond, implying a yield to maturity of 7.27%.

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 2041

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 7.67%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE0KUG08167National Bank for Financing Infrastructure and Development—7.54%2041-08-19
INE020B08GH5REC LimitedAAA7.49%2041-08-31
INE090A08UN9ICICI Bank LimitedAAA NSDL record, 20257.40%2040-11-28
INE0KUG08118National Bank for Financing Infrastructure and DevelopmentAAA7.15%2040-11-13
INE906B07IF7National Highways Authority of IndiaAAA7.14%2040-09-10
INE906B07IZ5National Highways Authority of IndiaAAA NSDL record, 20217.05%2041-09-28

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