HDFC Bank 6.88% Sep 2031 NCD (INE040A08781)
HDFC Bank Limited
Unsecured, Taxable, Redeemable NCD
Browse: bonds maturing in 2031
Issuer events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 22 Oct 2026 Interest payment notice Certificate of interest payment in ISIN - INE040A08AC9
- 21 Oct 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- 16 Oct 2026 Interest payment notice Certificate of interest payment in ISIN - INE040A08732
- 12 Oct 2026 Interest payment notice Certificate of interest payment in ISIN - INE040A08799
- 21 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
Market Position
Price vs Yield
Showing last 10 trades.
Cashflow Timeline
5 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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.
Payment Disclosures (SEBI Reg52(4))
1 disclosed| Due Date | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|
| 2026-09-24 | Interest | ₹1,72,00,00,000.00 | ₹1,72,00,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
Bond Timeline
1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- 2 secondary-market trades recorded in the last 30 days.
- Coupon is 3.32 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)
Structured Overview
Data as of 16 Jul 2026Issued by HDFC Bank Limited, HDFC Bank 6.88% Sep 2031 NCD is an unsecured NCD. It pays a 6.88% p.a. coupon, annually. Principal is repaid at maturity.
Rating Action History
1 actionsAgency actions on HDFC Bank Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-06-23 | CRISIL | Withdrawal | AAA | Stable | View → |
Rating Actions on HDFC Bank Limited
last 12 monthsAgencies 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.
| Date | Agency | Action | Rating | Rationale |
|---|---|---|---|---|
| 2026-06-23 | CRISIL | Withdrawal | AAA / Stable | View → |
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-11-03 | 93.6300 | 8.5200 | 2 |
| 2026-11-02 | 92.3900 | 8.6800 | 1 |
| 2026-09-30 | 95.9049 | 7.9000 | — |
| 2026-07-16 | 97.0400 | 7.5800 | 2 |
| 2026-07-15 | 96.9500 | 7.6000 | 1 |
| 2026-07-14 | 96.7400 | 7.6500 | 1 |
| 2026-07-03 | 96.1100 | 7.8000 | 1 |
| 2026-07-02 | 95.7000 | 7.7000 | 1 |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | ICRA (NSDL record) | 2023-07-03 |
| Rating Actions History | 1 | — | 2026-06-23 |
| Secondary-Market Trades | 8 | BSE | 2026-11-03 |
| Reg52(4) Payment Disclosures | 1 | NSE | 2026-09-24 |
- No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
Documents
Entity metadata
- Source
- NSDL debt master
- Last Updated
- 16 Jul 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.
What is the coupon rate on HDFC Bank 6.88% Sep 2031 NCD?
HDFC Bank 6.88% Sep 2031 NCD carries a coupon of 6.88%, paid annual, on a face value of ₹10,00,000.
When does HDFC Bank 6.88% Sep 2031 NCD mature?
HDFC Bank 6.88% Sep 2031 NCD matures on 24 Sep 2031, 4.9 years from today.
What is HDFC Bank 6.88% Sep 2031 NCD rated?
No current rating from an agency or exchange is on file for HDFC Bank 6.88% Sep 2031 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 3 Jul 2023, often from the time of issue, so it may be out of date.
Is HDFC Bank 6.88% Sep 2031 NCD secured?
HDFC Bank 6.88% Sep 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
What yield does HDFC Bank 6.88% Sep 2031 NCD currently offer?
The last recorded trade on 3 Nov 2026 priced HDFC Bank 6.88% Sep 2031 NCD at ₹9,36,300.00 per bond, implying a yield to maturity of 8.52%.
More Bonds from This Issuer
Comparable NCDs maturing near 2031
Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 6.88%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE053F08163 | Indian Railway Finance Corporation Limited | AAA | 6.87% | 2032-04-14 |
| INE053F08106 | Indian Railway Finance Corporation Limited | AAA | 6.89% | 2031-07-19 |
| INE020B08DA7 | REC Limited | AAA | 6.90% | 2031-03-31 |
| INE153A08097 | Mahanagar Telephone Nigam Limited | AAA | 6.85% | 2030-12-20 |
| INE589A08043 | NLC India Limited | AAA | 6.85% | 2032-04-13 |
| INE261F08DA8 | National Bank for Agriculture and Rural Development | AAA | 6.85% | 2031-03-21 |