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HDFC Bank 8.00% Jul 2032 NCD (INE040A08807)

ICRA AAA · NSDL record, 2023 Unsecured NCD

HDFC Bank Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2032

63 more bonds from HDFC Bank Limited →
Current YTM
8.45%
Market YTM
Coupon Rate
8.00%
Per annum
Maturity Date
27 Jul 2032
5.7 Yrs to 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.

Market Position

YTM (Annual)
8.45%
Last traded 5 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+120 bps
vs 5.7Y G-Sec at 7.25%
Below the median spread for similar-tenor peers
Tenure
5.7 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
17 Sep 20265 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

27 Jul 2027
Interest Payment
₹80,000.00 / Bond
₹72,000.00 net of 10% TDS (est.)
27 Jul 2028
Interest Payment
₹80,000.00 / Bond
₹72,000.00 net of 10% TDS (est.)
27 Jul 2029
Interest Payment
₹80,000.00 / Bond
₹72,000.00 net of 10% TDS (est.)
27 Jul 2030
Interest Payment
₹80,000.00 / Bond
₹72,000.00 net of 10% TDS (est.)
27 Jul 2031
Interest Payment
₹80,000.00 / Bond
₹72,000.00 net of 10% TDS (est.)
27 Jul 2032
Final coupon + principal
₹10,80,000.00 / Bond
₹80,000.00 coupon + ₹10,00,000 face value

6 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 DateTypeAmount DueAmount PaidStatusFiling
2026-07-27 Interest ₹8,80,00,00,000.00 ₹8,80,00,00,000.00 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

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 27 Jul 2026 Issued 27 Jul 2022 Matures 27 Jul 2032

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
8.00%
YTM (Annual)
8.45%
Credit Rating
AAA
Rating on NSDL record (ICRA, 2023)
Not a current agency rating; see below
Remaining Tenure
5.7 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2023), dated 3 Jul 2023. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
4.33 Yrs
Macaulay Duration
4.69 Yrs
Issue Size
₹11,000 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
4.33 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
5 Nov 2026
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.20 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 2026
Instrument Type
NCD
Issue Date
27 Jul 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

HDFC Bank 8.00% Jul 2032 NCD is an unsecured NCD issued by HDFC Bank Limited. It pays an 8.00% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

Agency 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.

DateAgencyActionRatingOutlookRationale
2026-06-23 CRISIL Withdrawal AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on HDFC Bank Limited

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
2026-06-23 CRISIL Withdrawal AAA / Stable View →
Alert me about HDFC Bank Limited 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 INE040A08807: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-05 97.9219 8.4500 —
2026-11-04 97.7100 8.5000 1
2026-10-12 100.1400 7.9500 1
2026-10-05 97.3800 8.5700 1
2026-09-30 97.2600 8.6000 1
2026-09-29 99.7855 8.0300 —
2026-09-25 99.8769 8.0187 —
2026-09-23 100.1519 7.9500 —
2026-09-22 99.5500 8.0800 2
2026-09-17 100.6100 7.8500 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2023-07-03
Rating Actions History 1 — 2026-06-23
Secondary-Market Trades 10 NSE OTC (WAP) 2026-11-05
Reg52(4) Payment Disclosures 1 NSE 2026-07-27
  • 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.

Current Price (Clean)
₹9,79,219.00
YTM8.45%
Trade Date 5 Nov 2026 3d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹23,013.70
Dirty price (est.)₹10,02,232.70
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE040A08807
Issue Date
27 Jul 2022
Maturity Date
27 Jul 2032
Listing
—
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 HDFC Bank 8.00% Jul 2032 NCD?

HDFC Bank 8.00% Jul 2032 NCD carries a coupon of 8.00%, paid annual, on a face value of ₹10,00,000.

When does HDFC Bank 8.00% Jul 2032 NCD mature?

HDFC Bank 8.00% Jul 2032 NCD matures on 27 Jul 2032, 5.7 years from today.

What is HDFC Bank 8.00% Jul 2032 NCD rated?

No current rating from an agency or exchange is on file for HDFC Bank 8.00% Jul 2032 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 8.00% Jul 2032 NCD secured?

HDFC Bank 8.00% Jul 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does HDFC Bank 8.00% Jul 2032 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced HDFC Bank 8.00% Jul 2032 NCD at ₹9,79,219.00 per bond, implying a yield to maturity of 8.45%.

More Bonds from This Issuer

H
HDFC Bank 7.72% Nov 2026 NCD
INE001A07PV1
Coupon
7.72%
Maturity
18 Nov 2026
H
HDFC Bank 7.72% Nov 2026 NCD
INE040A08450
AAA NSDL record, 2023
Coupon
7.72%
Maturity
18 Nov 2026
H
HDFC Bank 11.08% Mar 2027 NCD
INE001A07QG0
AAA
Coupon
11.08%
Maturity
27 Mar 2027
H
HDFC Bank 7.78% Mar 2027 NCD
INE040A08567
AAA NSDL record, 2023
Coupon
7.78%
Maturity
27 Mar 2027
Compare (/) Compare Bonds

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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 8.00%. For comparison only, not a recommendation.

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INE306N07MS0Tata Capital LimitedAAA NSDL record, 20228.00%2032-06-01
INE246R07616NIIF Infrastructure Finance LimitedAAA NSDL record, 20228.04%2032-05-27
INE0AD508026Aseem Infrastructure Finance LimitedAA+ NSDL record, 20258.05%2032-10-29
INE282H07083Jio Credit LimitedAAA8.05%2031-07-31

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