IREDA Tax-Free 7.52% 2030
Indian Renewable Energy Dev Agency
ISIN: INE524F07033 · BSE
CRISIL
Coupon Rate
7.52%
Annual
Yield (YTM)
5.9%
Yield to Maturity
Current Price
₹1,165.0
Face ₹1,000
Maturity Date
25 Sep 2030
3-5 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
This bond yields 5.9% to maturity. A AA+ rating from Indian Renewable Energy Dev Agency sits just below AAA — generally considered high credit quality, with marginally more default risk than a AAA-rated instrument over its remaining 4.0 years. On a face value of ₹1000, the 7.52% coupon works out to roughly ₹75.2 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 7.52%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE524F07033
Issuer
Indian Renewable Energy Dev Agency
Bond Type
Tax-Free
Face Value
₹1,000
Issue Date
25 Sep 2015
Maturity Date
25 Sep 2030
Coupon Rate
7.52% p.a.
Payment Frequency
Annual
Exchange
BSE
Min Investment
₹5,000
Credit Rating
AA+ (CRISIL)
Tax Status
Tax-Free
Secured
Yes
Status
Active
About this Bond
IREDA Tax-Free 7.52% 2030 is a Tax-Free bond issued by Indian Renewable Energy Dev Agency. It carries a coupon rate of 7.52% per annum, paid annually, matures on 25 September 2030. It carries an AA+ credit rating from CRISIL. This is a secured bond, and interest is tax-free.
More Tax-Free Bonds
Frequently Asked Questions about IREDA Tax-Free 7.52% 2030
IREDA Tax-Free 7.52% 2030 has a yield to maturity (YTM) of 5.9%, with a coupon rate of 7.52% p.a., maturing September 2030.
IREDA Tax-Free 7.52% 2030 is rated AA+ by CRISIL, issued by Indian Renewable Energy Dev Agency.
The minimum investment for IREDA Tax-Free 7.52% 2030 is ₹5,000. Interest earned is tax-free under Section 10(15)(iv)(h).
IREDA Tax-Free 7.52% 2030 pays interest annual, at a coupon rate of 7.52% per annum on the face value of ₹1,000.
IREDA Tax-Free 7.52% 2030 is a secured bond rated AA+ by CRISIL. 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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