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Bank of Baroda 8.15% Perpetual NCD (INE028A08240)

CRISIL AA+ / Negative Unsecured NCD

Bank of Baroda

Unsecured, Rated, Taxable, Redeemable NCD

Bank of Baroda 8.15% Perpetual NCD (INE028A08240), issued by Bank of Baroda, has a coupon of 8.15%, paid annually, and has no maturity date (perpetual). It is rated AA+ by CRISIL (latest rating dated 31 Jan 2021). No exchange trade is on file.

Browse: AA rated bonds

31 more bonds from Bank of Baroda →
Current YTM
—
No market YTM available
Coupon Rate
8.15%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 7 Oct 2026 Credit rating disclosure Credit Rating
  • 1 Oct 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
  • 2 Sep 2026 Interest payment notice Interest Payment

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.23%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Key Metrics

Coupon Rate
8.15%
YTM (Annual)
—
Credit Rating
AA+
(CRISIL) · rated 31 Jan 2021, 5 years ago
Over 15 months old; see below
Remaining Tenure
Perpetual

AA+ (CRISIL): Rated 31 Jan 2021 (5 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹969 Cr
Minimum Investment
₹1,00,00,000
10 bonds × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
13 Jan 2021
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Bank of Baroda 8.15% Perpetual NCD is an unsecured, rated NCD issued by Bank of Baroda. It pays an 8.15% p.a. coupon, annually. It has no fixed maturity date.

Rating Action History

2 actions

Agency actions on Bank of Baroda and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-07 CARE Reaffirm AAA Stable NSE filing →
2026-08-05 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Bank of Baroda

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-07 CARE Reaffirm AAA / Stable NSE filing →
2026-08-05 CRISIL Update — View →
Alert me about Bank of Baroda An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-01-31
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Bond Snapshot
ISIN
INE028A08240
Issue Date
13 Jan 2021
Maturity Date
Perpetual — no fixed maturity
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Bank of Baroda 8.15% Perpetual NCD?

Bank of Baroda 8.15% Perpetual NCD carries a coupon of 8.15%, paid annual, on a face value of ₹10,00,000.

When does Bank of Baroda 8.15% Perpetual NCD mature?

Bank of Baroda 8.15% Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date.

What is Bank of Baroda 8.15% Perpetual NCD rated?

Bank of Baroda 8.15% Perpetual NCD is rated AA+ by CRISIL (rating dated 31 Jan 2021).

Is Bank of Baroda 8.15% Perpetual NCD secured?

Bank of Baroda 8.15% Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Bank of Baroda 8.15% Perpetual NCD trade?

Bank of Baroda 8.15% Perpetual NCD is listed on BSE.

More Bonds from This Issuer

B
Bank of Baroda 8.42% Dec 2028 NCD
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AAA NSDL record, 2018
Coupon
8.42%
Maturity
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B
Bank of Baroda 7.39% Aug 2029 NCD
INE028A08281
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Coupon
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Maturity
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B
Bank of Baroda 7.44% Jan 2030 NCD
INE028A08190
AAA
Coupon
7.44%
Maturity
03 Jan 2030
B
Bank of Baroda 7.10% Mar 2033 NCD
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Coupon
7.10%
Maturity
05 Mar 2033

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