F

Food Corporation of India 8.95% Mar 2029 NCD

AAA Unsecured NCD

Food Corporation of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.46%
Market YTM
Coupon Rate
8.95%
Per annum
Maturity Date
01 Mar 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.46%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+115 bps
vs 2.5Y G-Sec at 6.31%
Below the median spread for similar-tenor peers
Tenure
2.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-04
Cashflow Timeline
1 Mar 2027
Interest Payment
₹89,500.00 / Bond
1 Mar 2028
Interest Payment
₹89,500.00 / Bond
1 Mar 2029
Principal Payment
₹1,000,000.00 / Bond

Next 2 coupons + 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Reaffirmed: B by CRISIL on 2026-07-20 Reaffirmed: BBB by CRISIL on 2026-07-16 Reaffirmed: B by CRISIL on 2026-07-15 Withdrawn: BB by CRISIL on 2026-07-15 Withdrawn: by CRISIL on 2026-07-14 Update: by CRISIL on 2026-07-13 On watch: BB by CRISIL on 2026-07-08 Rating action: by CRISIL on 2026-07-07 Update: by CRISIL on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 2019-03-01 Matures 2029-03-01

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

Key Metrics
Coupon Rate
8.95%
YTM (Annual)
7.46%
Credit Rating
AAA
(CARE)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.11 Yrs
Macaulay Duration
2.27 Yrs
Issue Size
₹2,738 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.11 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-04
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.05 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
Instrument Type
NCD
Issue Date
2019-03-01
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.95% UNSECURED LISTED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES VII. DATE OF MATURITY 01/03/2029 is a rated, redeemable ncd issued by Food Corporation of India. The bond offers a fixed coupon of 8.95% p.a. with annual interest payments and 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 →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 103.2700 7.4600 1
2026-07-29 103.4400 7.4000 1
2026-07-10 103.3800 7.4600 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2019-02-19
Rating Actions History 35 2026-08-27
Secondary-Market Trades 3 BSE 2026-08-04
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 Food Corporation of India 8.95% Mar 2029 NCD?

Food Corporation of India 8.95% Mar 2029 NCD carries a coupon of 8.95%, paid annual, on a face value of ₹1,000,000.

When does Food Corporation of India 8.95% Mar 2029 NCD mature?

Food Corporation of India 8.95% Mar 2029 NCD matures on 2029-03-01, 2.5 years from today.

What is Food Corporation of India 8.95% Mar 2029 NCD rated?

Food Corporation of India 8.95% Mar 2029 NCD is rated AAA by CARE. As of 2019-02-19.

Is Food Corporation of India 8.95% Mar 2029 NCD secured?

Food Corporation of India 8.95% Mar 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Food Corporation of India 8.95% Mar 2029 NCD be called or put back early?

Food Corporation of India 8.95% Mar 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Food Corporation of India 8.95% Mar 2029 NCD currently offer?

The last recorded trade on 2026-08-04 priced Food Corporation of India 8.95% Mar 2029 NCD at ₹103.27, implying a yield to maturity of 7.46%.

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Maturity
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Food Corporation of India 7.60% Jan 2030 NCD
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Maturity
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