Tata Steel 7.95% 2029
Tata Steel Limited
ISIN: INE871D07DP5 · NSE/BSE
CRISIL/ICRA
Coupon Rate
7.95%
Semi annual
Yield (YTM)
8.1%
Yield to Maturity
Current Price
₹994.8
Face ₹1,000
Maturity Date
31 Mar 2029
1-3 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 8.1% yield to maturity, this bond is roughly in line with the 11 other Corporate bonds in the 1-3 yrs maturity bracket, which average 8.18%. A AA rating from Tata Steel Limited sits just below AAA — generally considered high credit quality, with marginally more default risk than a AAA-rated instrument over its remaining 2.5 years. On a face value of ₹1000, the 7.95% coupon works out to roughly ₹79.5 a year, paid semi-annually — before any tax on that income.
Annual Income Estimator
Annual Interest Income
—
Post-Tax (30% slab)
—
* Based on coupon rate of 7.95%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE871D07DP5
Issuer
Tata Steel Limited
Bond Type
Corporate
Face Value
₹1,000
Issue Date
31 Mar 2024
Maturity Date
31 Mar 2029
Coupon Rate
7.95% p.a.
Payment Frequency
Semi annual
Exchange
NSE/BSE
Min Investment
₹10,000
Credit Rating
AA (CRISIL/ICRA)
Tax Status
Taxable
Secured
No
Status
Active
About this Bond
Tata Steel 7.95% 2029 is a Corporate bond issued by Tata Steel Limited. It carries a coupon rate of 7.95% per annum, paid semi-annually, matures on 31 March 2029. It carries an AA credit rating from CRISIL/ICRA. This is a unsecured bond, and the interest is taxable.
More Corporate Bonds
Frequently Asked Questions about Tata Steel 7.95% 2029
Tata Steel 7.95% 2029 has a yield to maturity (YTM) of 8.1%, with a coupon rate of 7.95% p.a., maturing March 2029.
Tata Steel 7.95% 2029 is rated AA by CRISIL/ICRA, issued by Tata Steel Limited.
The minimum investment for Tata Steel 7.95% 2029 is ₹10,000. Interest earned is taxable at your income slab rate.
Tata Steel 7.95% 2029 pays interest semi annual, at a coupon rate of 7.95% per annum on the face value of ₹1,000.
Tata Steel 7.95% 2029 is an unsecured bond rated AA by CRISIL/ICRA. Unsecured bonds rely on the issuer's general creditworthiness rather than pledged collateral. 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.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.