HDFC Bank 7.77% Jun 2027 NCD (INE040A08823)

ICRA AAA · NSDL record, 2023 Unsecured NCD

HDFC Bank Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2027

63 more bonds from HDFC Bank Limited →

Current YTM

8.35%

Market YTM

Coupon Rate

7.77%

Per annum

Maturity Date

28 Jun 2027

0.6 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.

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

YTM (Annual)

8.35%

Last traded 30 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+143 bps

vs 0.6Y G-Sec at 6.92%

Below the median spread for similar-tenor peers

Tenure

0.6 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

31 Jul 202630 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

28 Jun 2027

Final coupon (part period) + principal

₹10,73,442.47 / Bond

₹73,442.47 coupon + ₹10,00,000 face value

1 coupon remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

7.77%

YTM (Annual)

8.35%

Credit Rating

AAA

Rating on NSDL record (ICRA, 2023)

Not a current agency rating; see below

Remaining Tenure

0.6 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 No current rating from an agency or exchange is on file, so it may be out of date.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

0.58 Yrs

Macaulay Duration

0.63 Yrs

Issue Size

₹3,111 Cr

Face Value

₹10,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

0.58 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

30 Oct 2026

NSE OTC (WAP)

Trades (30 Days)

Exchange-reported sessions

Security Status

Unsecured

No call option

Observations

This bond is unsecured.
1 secondary-market trade recorded in the last 30 days.
Coupon is 2.43 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

Issuer

HDFC Bank Limited

Instrument Type

NCD

Issue Date

18 Jul 2022

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

Issued by HDFC Bank Limited, HDFC Bank 7.77% Jun 2027 NCD is an unsecured NCD. It pays a 7.77% 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.

Date	Agency	Action	Rating	Outlook	Rationale
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.

Date	Agency	Action	Rating	Rationale
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 INE040A08823: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-30	99.5214	8.3500	2
2026-10-05	100.3600	7.1200	2
2026-09-25	100.2600	7.3000	2
2026-09-23	100.0759	7.5550	1
2026-09-17	100.1402	7.5400	—
2026-08-03	100.3500	7.3400	2
2026-07-31	100.2379	7.4224	—

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	7	NSE OTC (WAP)	2026-10-30
Reg52(4) Payment Disclosures	0	—	—

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.

₹9,95,214.00

YTM8.35%

Trade Date 30 Oct 2026 9d ago

SourceNSE OTC (WAP)

Accrued interest (est.)₹28,525.48

Dirty price (est.)₹10,23,739.48

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on HDFC Bank 7.77% Jun 2027 NCD?

HDFC Bank 7.77% Jun 2027 NCD carries a coupon of 7.77%, paid annual, on a face value of ₹10,00,000.

When does HDFC Bank 7.77% Jun 2027 NCD mature?

HDFC Bank 7.77% Jun 2027 NCD matures on 28 Jun 2027, 0.6 years from today.

What is HDFC Bank 7.77% Jun 2027 NCD rated?

No current rating from an agency or exchange is on file for HDFC Bank 7.77% Jun 2027 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 7.77% Jun 2027 NCD secured?

HDFC Bank 7.77% Jun 2027 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does HDFC Bank 7.77% Jun 2027 NCD currently offer?

The last recorded trade on 30 Oct 2026 priced HDFC Bank 7.77% Jun 2027 NCD at ₹9,95,214.00 per bond, implying a yield to maturity of 8.35%.

More Bonds from This Issuer

HDFC Bank 7.72% Nov 2026 NCD

INE001A07PV1

Coupon

7.72%

Maturity

18 Nov 2026

View Details

HDFC Bank 7.72% Nov 2026 NCD

INE040A08450

AAA NSDL record, 2023

Coupon

7.72%

Maturity

18 Nov 2026

View Details

HDFC Bank 11.08% Mar 2027 NCD

INE001A07QG0

AAA

Coupon

11.08%

Maturity

27 Mar 2027

View Details

HDFC Bank 7.78% Mar 2027 NCD

INE040A08567

AAA NSDL record, 2023

Coupon

7.78%

Maturity

27 Mar 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2027

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 7.77%. For comparison only, not a recommendation.

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INE134E08MJ2	Power Finance Corporation Limited	AAA	7.77%	2028-04-15
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INE556F08KN9	Small Industries Development Bank of India	AAA NSDL record, 2023	7.75%	2027-06-10
INE115A07MQ6	LIC Housing Finance Limited	AAA NSDL record, 2017	7.75%	2027-11-23
INE403D08314	Bharti Telecom Limited	AAA NSDL record, 2026	7.75%	2028-02-29

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