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Bank of Baroda 7.23% Jan 2035 NCD (INE028A08372)

CRISIL AAA / Stable Unsecured NCD

Bank of Baroda

Unsecured, Rated, Taxable, Redeemable NCD

Bank of Baroda 7.23% Jan 2035 NCD (INE028A08372), issued by Bank of Baroda, has a coupon of 7.23%, paid annually, and matures on 16 Jan 2035. It is rated AAA by CRISIL (latest rating dated 31 Jan 2025). It last traded on 28 Jul 2025 at ₹1,01,475.20 (clean).

Browse: AAA rated bonds · bonds maturing in 2035

31 more bonds from Bank of Baroda →
Current YTM
—
No current market yield
Coupon Rate
7.23%
Per annum
Maturity Date
16 Jan 2035
8.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
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 in the last 30 days, so the last traded yield is not shown as current. Last trade 28 Jul 2025.
10Y G-Sec Benchmark
7.23%
Reference point, not this bond's tenor
Tenure
8.2 Years
Remaining to 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.

Price data as a table: Recent Market Prices

Cashflow Timeline

16 Jan 2027
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2028
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2029
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2030
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2031
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2032
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2033
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2034
Interest Payment
₹7,230.00 / Bond
₹6,507.00 net of 10% TDS (est.)
16 Jan 2035
Final coupon + principal
₹1,07,230.00 / Bond
₹7,230.00 coupon + ₹1,00,000 face value

9 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 16 Jan 2025 Matures 16 Jan 2035

Key Metrics

Coupon Rate
7.23%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Jan 2025, 21 months ago
Over 15 months old; see below
Remaining Tenure
8.2 Years

AAA (CRISIL): Rated 31 Jan 2025 (21 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
5.69 Yrs
Macaulay Duration
6.10 Yrs
Issue Size
₹5,000 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
5.69 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
28 Jul 2025
BSE
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.
  • Coupon is 3.02 percentage points below the median for tracked NCD bonds. (based on 20,690 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
16 Jan 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Bank of Baroda 7.23% Jan 2035 NCD is an unsecured, rated NCD issued by Bank of Baroda. It pays a 7.23% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
31 Jan 2025 CRISIL AAA Stable Latest BSE listing
2025 India Ratings AAA — NSDL record, 2025 NSDL debt master

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.

Recent Market Prices

Recent BSE trades for INE028A08372: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2025-07-28 101.4752 7.3200 3400

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, India Ratings 2025-01-31
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 1 BSE 2025-07-28
Reg52(4) Payment Disclosures 0 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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.

Current Price (Clean)
₹1,01,475.20
YTM—
Trade Date 28 Jul 2025 469d ago
SourceBSE
Accrued interest (est.)₹5,902.85
Dirty price (est.)₹1,07,378.05
View on BSE → Calculate YTM for this bond Bank of Baroda bond interest rates by maturity
Bond Snapshot
ISIN
INE028A08372
Issue Date
16 Jan 2025
Maturity Date
16 Jan 2035
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Bank of Baroda 7.23% Jan 2035 NCD?

Bank of Baroda 7.23% Jan 2035 NCD carries a coupon of 7.23%, paid annual, on a face value of ₹1,00,000.

When does Bank of Baroda 7.23% Jan 2035 NCD mature?

Bank of Baroda 7.23% Jan 2035 NCD matures on 16 Jan 2035, 8.2 years from today.

What is Bank of Baroda 7.23% Jan 2035 NCD rated?

Bank of Baroda 7.23% Jan 2035 NCD is rated AAA by CRISIL (rating dated 31 Jan 2025).

Is Bank of Baroda 7.23% Jan 2035 NCD secured?

Bank of Baroda 7.23% Jan 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Bank of Baroda 7.23% Jan 2035 NCD trade?

Bank of Baroda 7.23% Jan 2035 NCD is listed on BSE.

More Bonds from This Issuer

B
Bank of Baroda 8.42% Dec 2028 NCD
INE028A08125
AAA NSDL record, 2018
Coupon
8.42%
Maturity
07 Dec 2028
B
Bank of Baroda 7.39% Aug 2029 NCD
INE028A08281
AAA
Coupon
7.39%
Maturity
17 Aug 2029
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
INE028A08380
AAA
Coupon
7.10%
Maturity
05 Mar 2033

All 32 Bank of Baroda bonds →

Compare (/) Compare Bonds

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