Are listed bonds safe?

They are generally considered relatively safe, but the level of safety depends on the issuer’s credit rating.

Can I sell listed bonds anytime?

Yes, you can sell them in the secondary market, subject to liquidity.

Do listed bonds offer better returns than FDs?

Some listed bonds may offer higher yields depending on credit risk and market conditions.

What is the minimum investment required?

The minimum investment depends on the bond’s face value, often starting from ₹1,000 or ₹10,000.

List of Listed Bonds in India 2026

Name: Listed Bonds
Brand: Bonds
Rating: 4.7 (13718 reviews)

Listed bonds have gained popularity among investors for stable and transparent income options. With increasing access to online platforms and demat-based investing, individuals can now explore a wide range of exchange-traded debt instruments across government, PSU, and corporate issuers.

These bonds not only provide visibility into market-driven pricing but also give investors the flexibility to enter or exit based on changing interest rate trends. This page brings together a curated list of listed bonds in India for 2026, helping you understand listed bonds..

What are Listed Bonds?

Listed bonds are debt instruments that are registered and traded on recognised stock exchanges such as NSE or BSE. When investors purchase these bonds, they lend money to the issuer such as companies, NBFCs, or government entities in return for periodic interest payments and principal repayment at maturity.

The key advantage of listed bonds is that they can be bought or sold in the secondary market, offering liquidity and price transparency based on market demand and interest rate movements.

Key Features & Benefits of Listed Bonds

Here are some of the key features and benefits of listed bonds-

Tradability on Stock Exchanges: Listed bonds can be easily bought or sold on exchanges, providing flexibility to exit before maturity.

Regular Income: These bonds offer fixed or floating interest payouts at regular intervals such as monthly, quarterly, or annually.

Price Transparency: Since they are traded on exchanges, bond prices are visible and reflect real-time market conditions.

Wide Range of Options: Investors can choose from government bonds, PSU bonds, corporate bonds, and NBFC bonds across different tenures and credit ratings.

Portfolio Diversification: Listed bonds help diversify an investment portfolio by adding stable, fixed-income instruments.

Potential Capital Gains: Apart from interest income, investors can benefit from price appreciation if bond prices rise in the secondary market.

List of Listed Bonds in India

COMPANY	ISIN	NAME OF THE INSTRUMENT	DATE OF ALLOTMENT	COUPON RATE	CREDIT RATING
POWER FINANCE CORPORATION LIMITED	INE134E08NZ6	7.24% UNSECURED RATED LISTED REDEEMABLE TAXABLE BONDS IN THE NATURE OF DEBENTURES SERIES 258B DATE OF MATURITY 17/02/2031	16 February 2026	7.24	AAA CRISIL RATINGS LIMITED DT 29-01-2026
NHPC LIMITED	INE848E08284	6.86% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATRUE OF DEBENTURE SERIES AF STRPP D DATE OF MATURITY 06/05/2034	6 May 2025	6.86	AAA INDIA RATING AND RESEARCH PVT. LTD DT 28-04-2025
NTPC LIMITED	INE733E07KL3	7.32% SECURED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT SERIES 69. MATURITY DATE : 17/07/2029	17 July 2019	7.32%	AAA ICRA LIMITED DT 08-07-2019
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT	INE261F08BZ9	7.27% UNSECURED LISTED RATED REDEEMABLE TAXABLE NON CONVERTIBLE BONDS. LETTER OF ALLOTMENT. SERIES 20J. DATE OF MATURITY 14/02/2030	14 February 2020	7.27%	AAA INDIA RATING AND RESEARCH PVT. LTD DT 11-02-2020
HDB FINANCIAL SERVICES LIMITED	INE756I08215	7.35% UNSECURED RATED LISTED SUBORDINATED REDEEMABLE NON CONVERTIBLE BOND. SERIES 2020 I/1/18. DATE OF MATURITY 01/11/2030	2 November 2020	7.35%	AAA CRISIL RATINGS LIMITED DT 23-10-2020
REC LIMITED	INE020B08FR6	7.44% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN THE NATURE OF DEBENTURE SERIES 245 A DATE OF MATURITY 29/02/2028	19 March 2025	7.44	AAA CARE RATINGS LIMITED DT 05-03-2025
POWER FINANCE CORPORATION LIMITED	INE134E08NM4	7.38% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES 246B DATE OF MATURITY 15/01/2032	20 February 2025	7.38	AAA ICRA LIMITED DT 28-01-2025
FOOD CORPORATION OF INDIA	INE861G08076	6.65% GOVERMENT OF INDIA GURANTEED UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. SERIES IX. DATE OF MATURITY 23/10/2030	23 October 2020	6.65%	AAA(CE) CARE RATINGS LIMITED DT 09-10-2020
RURAL ELECTRIFICATION CORPORATION LIMITED	INE020B08AP1	7.45% UNSECURED LISTED REDEEMABLE NON-CONVERTIBLE NON - CUMULATIVE TAXABLE BONDS. SERIES 155. DATE OF MATURITY 30/11/2022	30 November 2017	7.45%	AAA INDIA RATING AND RESEARCH PVT. LTD DT 27-11-2017
TATA CAPITAL HOUSING FINANCE LIMITED	INE033L08296	7.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES AS TIER II CAPITAL. SERIES TCHFL TIER II BONDS A FY 2021-22. DATE OF MATURITY 18/04/2031	19 April 2021	7.50%	AAA ICRA LIMITED DT 05-04-2021

Who Should Invest in Listed Bonds?

Conservative Investors: Suitable for those seeking relatively stable returns with lower volatility.

Income-Seeking Investors: Ideal for individuals who want regular income through interest payouts.

Investors Looking for Liquidity: Since listed bonds can be traded, they are suitable for investors who may need to exit before maturity.

Portfolio Diversifiers: Investors aiming to balance risk by adding fixed-income assets alongside equity investments.

Medium to Long-Term Investors: Those who can stay invested but still want the option to liquidate if needed.

Risks Involved in Listed Bonds

Interest Rate Risk: Bond prices fall when interest rates rise, which may impact returns if sold before maturity.

Credit Risk: If the issuer faces financial stress, there may be delays or defaults in interest or principal repayment.

Liquidity Risk: Although listed, some bonds may have low trading volumes, making it difficult to sell quickly.

Market Risk: Prices of listed bonds fluctuate based on demand, supply, and macroeconomic factors.

Inflation Risk: Fixed interest income may lose real value if inflation rises significantly.

Tax Applicability on Listed Bonds

Tax on Interest Income

Interest earned from listed bonds is taxed under “Income from Other Sources” as per the investor’s income tax slab.

Capital Gains Tax

Short-Term Capital Gains (STCG): If sold within 12 months, gains are taxed as per the income tax slab.
Long-Term Capital Gains (LTCG): If held for more than 12 months, gains are taxed at 10% (without indexation), as per prevailing tax rules.

TDS Applicability

TDS may be applicable on interest income depending on the issuer and applicable thresholds.

How to Buy Listed Bonds

Through Demat Account (Secondary Market)

Log in to your trading account
Search for the bond using ISIN or name
Check price, yield, and rating
Place a buy order

Online Bond Platforms

Investors can explore curated listed bonds, compare yields, and invest digitally through regulated platforms.

Primary Issuances (NCDs)

Companies issue listed bonds through public issues, which can be subscribed during the offer period.

Disclaimer

The Bank bond data on this page is sourced from the NSDL website and is based on publicly available market information as on 19 March 2026. Prices, yields, trade values, and other related details are subject to change in real time depending on market movements and liquidity. This content is intended solely for informational and educational purposes and should not be considered as investment advice, recommendation, or an offer to buy or sell any securities.

Frequently Asked Questions