B
AAA Unsecured NCD

Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
7.14%
Per annum
Maturity Date
30 Sep 2031
5.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.14%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+80 bps
vs 5.1Y G-Sec at 6.34% *
Below the median spread for similar-tenor peers
Tenure
5.1 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.
Cashflow Timeline
30 Sep 2026
Interest Payment
₹714,000.00 / Bond
30 Sep 2027
Interest Payment
₹714,000.00 / Bond
30 Sep 2028
Interest Payment
₹714,000.00 / Bond
30 Sep 2029
Interest Payment
₹714,000.00 / Bond
30 Sep 2030
Interest Payment
₹714,000.00 / Bond
30 Sep 2031
Principal Payment
₹10,000,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: B by CRISIL on 2026-08-21 Reaffirmed: by CRISIL on 2026-08-19 Reaffirmed: A1 by CRISIL on 2026-08-12 Reaffirmed: A1 by CRISIL on 2026-07-31 Rating action: by CRISIL on 2026-07-09 Reaffirmed: A1 by CRISIL on 2026-07-01 Issued 2021-09-30 Matures 2031-09-30

6 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.14%
YTM (Annual)
Credit Rating
AAA
(INFOMERICS)
Remaining Tenure
5.1 Years
Advanced metrics
Modified Duration
3.89 Yrs
Macaulay Duration
4.17 Yrs
Issue Size
₹1,800 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.89 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.86 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
2021-09-30
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

7.14% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE BASEL III TIRE II BONDS IN THE NATURE OF DEBENTURES. SERIES XV.DATE OF MATURITY 30/09/2031 is a rated, redeemable ncd issued by Bank of India. The bond offers a fixed coupon of 7.14% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 6 actions
DateAgencyActionRatingOutlookRationale
2026-08-21 CRISIL Reaffirm B Stable View →
2026-08-19 CRISIL Reaffirm Stable View →
2026-08-12 CRISIL Reaffirm A1 View →
2026-07-31 CRISIL Reaffirm A1 View →
2026-07-09 CRISIL Other View →
2026-07-01 CRISIL Reaffirm A1 View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INFOMERICS 2026-08-14
Rating Actions History 6 2026-08-21
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
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.

Frequently Asked Questions
What is the coupon rate on Bank OF India 7.14% Sep 2031 NCD?

Bank OF India 7.14% Sep 2031 NCD carries a coupon of 7.14%, paid annual, on a face value of ₹10,000,000.

When does Bank OF India 7.14% Sep 2031 NCD mature?

Bank OF India 7.14% Sep 2031 NCD matures on 2031-09-30, 5.1 years from today.

What is Bank OF India 7.14% Sep 2031 NCD rated?

Bank OF India 7.14% Sep 2031 NCD is rated AAA by INFOMERICS. As of 2026-08-14.

Is Bank OF India 7.14% Sep 2031 NCD secured?

Bank OF India 7.14% Sep 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Bank OF India 7.14% Sep 2031 NCD be called or put back early?

Bank OF India 7.14% Sep 2031 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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