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Food Corporation of India 7.64% Dec 2029 NCD

AAA NCD

Food Corporation of India

Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.37%
Market YTM
Coupon Rate
7.64%
Per annum
Maturity Date
12 Dec 2029
3.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.37%
Live, last traded 2026-08-12
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+153 bps
vs 3.3Y G-Sec at 5.84%
Below the median spread for similar-tenor peers
Tenure
3.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-21 2026-08-12
Cashflow Timeline
12 Dec 2026
Interest Payment
₹76,400.00 / Bond
12 Dec 2027
Interest Payment
₹76,400.00 / Bond
12 Dec 2028
Interest Payment
₹76,400.00 / Bond
12 Dec 2029
Principal Payment
₹1,000,000.00 / Bond

Next 3 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Reaffirmed: B by CRISIL on 2026-07-20 Reaffirmed: BBB by CRISIL on 2026-07-16 Reaffirmed: B by CRISIL on 2026-07-15 Withdrawn: BB by CRISIL on 2026-07-15 Withdrawn: by CRISIL on 2026-07-14 Update: by CRISIL on 2026-07-13 On watch: BB by CRISIL on 2026-07-08 Rating action: by CRISIL on 2026-07-07 Update: by CRISIL on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 2019-12-12 Matures 2029-12-12

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

Key Metrics
Coupon Rate
7.64%
YTM (Annual)
7.37%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
3.3 Years
Advanced metrics
Modified Duration
2.68 Yrs
Macaulay Duration
2.88 Yrs
Issue Size
₹8,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.68 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-12
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Callable
Observations
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.36 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
2019-12-12
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by Food Corporation of India, 7.64% GOVERMENT OF INDIA GURANTEED REDEEMABLE NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. SERIES VIII. DATE OF MATURITY 12/12/2029 is a rated, ncd paying a 7.64% p.a. coupon annual. The instrument 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
2026-08-12 100.6945 7.3722 None
2026-07-28 100.8200 7.3300 None
2026-07-27 100.7440 7.3550 None
2026-07-21 100.9100 7.3000 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2019-12-04
Rating Actions History 35 2026-08-27
Secondary-Market Trades 4 NSE OTC (WAP) 2026-08-12
Reg52(4) Payment Disclosures 0
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 7.64% Dec 2029 NCD?

Food Corporation of India 7.64% Dec 2029 NCD carries a coupon of 7.64%, paid annual, on a face value of ₹1,000,000.

When does Food Corporation of India 7.64% Dec 2029 NCD mature?

Food Corporation of India 7.64% Dec 2029 NCD matures on 2029-12-12, 3.3 years from today.

What is Food Corporation of India 7.64% Dec 2029 NCD rated?

Food Corporation of India 7.64% Dec 2029 NCD is rated AAA by CRISIL. As of 2019-12-04.

Can Food Corporation of India 7.64% Dec 2029 NCD be called or put back early?

Food Corporation of India 7.64% Dec 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 7.64% Dec 2029 NCD currently offer?

The last recorded trade on 2026-08-12 priced Food Corporation of India 7.64% Dec 2029 NCD at ₹100.69, implying a yield to maturity of 7.37%.

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Maturity
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Maturity
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7
Food Corporation of India 7.60% Jan 2030 NCD
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Maturity
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6
Food Corporation of India 6.65% Oct 2030 NCD
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Coupon
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Maturity
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