F

Food Corporation of India 8.80% Mar 2028 NCD

AAA NCD

Food Corporation of India

Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
8.80%
Per annum
Maturity Date
22 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.80%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+320 bps
vs 1.6Y G-Sec at 5.60% *
Above the median spread for similar-tenor peers
Tenure
1.6 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.
Cashflow Timeline
22 Mar 2027
Interest Payment
₹88,000.00 / Bond
22 Mar 2028
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Upgrade: A by CRISIL on 2026-08-27 Initial rating: A by CRISIL on 2026-08-27 Reaffirmed: B by CRISIL on 2026-08-24 Update: by CRISIL on 2026-08-24 Reaffirmed: B by CRISIL on 2026-08-21 Reaffirmed: D by CRISIL on 2026-08-20 Reaffirmed: B by CRISIL on 2026-08-20 Reaffirmed: BB by CRISIL on 2026-08-20 Rating action: B by CRISIL on 2026-08-19 Reaffirmed: B by CRISIL on 2026-08-18 Rating action: B by CRISIL on 2026-08-17 Reaffirmed: B by CRISIL on 2026-08-17 Reaffirmed: B by CRISIL on 2026-08-12 Upgrade: A by CRISIL on 2026-08-06 Reaffirmed: D by CRISIL on 2026-08-04 On watch: B by CRISIL on 2026-08-03 On watch: BB by CRISIL on 2026-08-03 Rating action: B by CRISIL on 2026-07-31 Rating action: B by CRISIL on 2026-07-30 Reaffirmed: BBB by CRISIL on 2026-07-29 Reaffirmed: B by CRISIL on 2026-07-28 Reaffirmed: B by CRISIL on 2026-07-20 Reaffirmed: BBB by CRISIL on 2026-07-16 Reaffirmed: B by CRISIL on 2026-07-15 Withdrawn: BB by CRISIL on 2026-07-15 Withdrawn: by CRISIL on 2026-07-14 Update: by CRISIL on 2026-07-13 On watch: BB by CRISIL on 2026-07-08 Rating action: by CRISIL on 2026-07-07 Update: by CRISIL on 2026-07-01 Update: by CRISIL on 2026-06-30 Rating action: B by CRISIL on 2026-06-30 On watch: A by CRISIL on 2026-06-30 Rating action: BB by CRISIL on 2026-06-30 Upgrade: A by CRISIL on 2026-06-30 Issued 2013-03-22 Matures 2028-03-22

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

Key Metrics
Coupon Rate
8.80%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.36 Yrs
Macaulay Duration
1.48 Yrs
Issue Size
₹4,700 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.36 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Callable
Observations
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.20 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2013-03-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Food Corporation of India issued this rated, ncd (8.80% GOVERMENT OF INDIA GURANTED REDEEMABLE NON-CONVERTIBLE BONDS. SERIES V B IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 22/03/2028) carrying a 8.80% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 35 actions
DateAgencyActionRatingOutlookRationale
2026-08-27 CRISIL Upgrade A Stable View →
2026-08-27 CRISIL Initial A Stable View →
2026-08-24 CRISIL Reaffirm B Stable View →
2026-08-24 CRISIL Update View →
2026-08-21 CRISIL Reaffirm B Stable View →
2026-08-20 CRISIL Reaffirm D View →
2026-08-20 CRISIL Reaffirm B Stable View →
2026-08-20 CRISIL Reaffirm BB Stable View →
2026-08-19 CRISIL Other B Stable View →
2026-08-18 CRISIL Reaffirm B Stable View →
2026-08-17 CRISIL Other B Stable View →
2026-08-17 CRISIL Reaffirm B Stable View →
2026-08-12 CRISIL Reaffirm B Stable View →
2026-08-06 CRISIL Upgrade A Stable View →
2026-08-04 CRISIL Reaffirm D View →
2026-08-03 CRISIL Watch B Stable View →
2026-08-03 CRISIL Watch BB Stable View →
2026-07-31 CRISIL Other B Stable View →
2026-07-30 CRISIL Other B Stable View →
2026-07-29 CRISIL Reaffirm BBB Stable View →
2026-07-28 CRISIL Reaffirm B Stable View →
2026-07-20 CRISIL Reaffirm B Stable View →
2026-07-16 CRISIL Reaffirm BBB Stable View →
2026-07-15 CRISIL Reaffirm B Stable View →
2026-07-15 CRISIL Withdrawal BB Stable View →
2026-07-14 CRISIL Withdrawal View →
2026-07-13 CRISIL Update View →
2026-07-08 CRISIL Watch BB Stable View →
2026-07-07 CRISIL Other View →
2026-07-01 CRISIL Update View →
2026-06-30 CRISIL Update View →
2026-06-30 CRISIL Other B Stable View →
2026-06-30 CRISIL Watch A Stable View →
2026-06-30 CRISIL Other BB Stable View →
2026-06-30 CRISIL Upgrade A Positive View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2013-03-14
Rating Actions History 35 2026-08-27
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • 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

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Frequently Asked Questions
What is the coupon rate on Food Corporation of India 8.80% Mar 2028 NCD?

Food Corporation of India 8.80% Mar 2028 NCD carries a coupon of 8.80%, paid annual, on a face value of ₹1,000,000.

When does Food Corporation of India 8.80% Mar 2028 NCD mature?

Food Corporation of India 8.80% Mar 2028 NCD matures on 2028-03-22, 1.6 years from today.

What is Food Corporation of India 8.80% Mar 2028 NCD rated?

Food Corporation of India 8.80% Mar 2028 NCD is rated AAA by CRISIL. As of 2013-03-14.

Can Food Corporation of India 8.80% Mar 2028 NCD be called or put back early?

Food Corporation of India 8.80% Mar 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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