PFC Tax-Free 8.67% 2028
Power Finance Corporation
ISIN: INE062A07177 · NSE/BSE
CRISIL/ICRA
Coupon Rate
8.67%
Annual
Yield (YTM)
6.08%
Yield to Maturity
Current Price
₹1,305.0
Face ₹1,000
Maturity Date
01 Feb 2028
1-3 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
This bond yields 6.08% to maturity. AAA is the highest domestic credit rating a corporate/PSU bond can carry, indicating the lowest relative default risk in that category for Power Finance Corporation — though "lowest relative risk" isn't "zero risk," especially over its remaining 1.3 years. On a face value of ₹1000, the 8.67% coupon works out to roughly ₹86.7 a year, paid annually — before any tax on that income. As a tax-free bond, the coupon income itself is exempt from income tax under Section 10(15) — that's the main reason its headline coupon rate is usually lower than a comparable taxable bond; compare post-tax yields, not just the sticker rate, when weighing this against a taxable alternative.
Annual Income Estimator
Annual Interest Income
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Tax-Free Income
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* Based on coupon rate of 8.67%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE062A07177
Issuer
Power Finance Corporation
Bond Type
Tax-Free
Face Value
₹1,000
Issue Date
01 Feb 2013
Maturity Date
01 Feb 2028
Coupon Rate
8.67% p.a.
Payment Frequency
Annual
Exchange
NSE/BSE
Min Investment
₹5,000
Credit Rating
AAA (CRISIL/ICRA)
Tax Status
Tax-Free
Secured
Yes
Status
Active
About this Bond
PFC Tax-Free 8.67% 2028 is a Tax-Free bond issued by Power Finance Corporation. It carries a coupon rate of 8.67% per annum, paid annually, matures on 01 February 2028. It carries an AAA credit rating from CRISIL/ICRA. This is a secured bond, and interest is tax-free.
More Tax-Free Bonds
Frequently Asked Questions about PFC Tax-Free 8.67% 2028
PFC Tax-Free 8.67% 2028 has a yield to maturity (YTM) of 6.08%, with a coupon rate of 8.67% p.a., maturing February 2028.
PFC Tax-Free 8.67% 2028 is rated AAA by CRISIL/ICRA, issued by Power Finance Corporation.
The minimum investment for PFC Tax-Free 8.67% 2028 is ₹5,000. Interest earned is tax-free under Section 10(15)(iv)(h).
PFC Tax-Free 8.67% 2028 pays interest annual, at a coupon rate of 8.67% per annum on the face value of ₹1,000.
PFC Tax-Free 8.67% 2028 is a secured bond rated AAA by CRISIL/ICRA, the highest safety rating. Secured bonds are backed by specific collateral, reducing default risk relative to unsecured debt. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.
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