B
AA Unsecured NCD

Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
No live YTM available
Coupon Rate
8.57%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.57%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean)
2026-07-07 2026-07-31
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.57%
YTM (Annual)
Credit Rating
AA
(CRISIL)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹1,500 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.43 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
2022-12-02
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

8.57% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE PERPETUAL BOND SERIES VIII. is a rated, redeemable ncd issued by Bank of India. The bond offers a fixed coupon of 8.57% p.a. with annual interest payments and has no fixed 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 →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-31 100.6300 1
2026-07-29 100.4000 8.2400 1
2026-07-28 100.4000 8.2400 1
2026-07-27 100.4000 8.2400 2
2026-07-23 101.2100 1
2026-07-22 100.5300 1
2026-07-10 101.1100 1
2026-07-09 100.6000 1
2026-07-07 100.4100 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2022-11-18
Rating Actions History 6 2026-08-21
Secondary-Market Trades 9 BSE 2026-07-31
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Bank OF India 8.57% Dec 9999 NCD?

Bank OF India 8.57% Dec 9999 NCD carries a coupon of 8.57%, paid annual, on a face value of ₹10,000,000.

When does Bank OF India 8.57% Dec 9999 NCD mature?

Bank OF India 8.57% Dec 9999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is Bank OF India 8.57% Dec 9999 NCD rated?

Bank OF India 8.57% Dec 9999 NCD is rated AA by CRISIL. As of 2022-11-18.

Is Bank OF India 8.57% Dec 9999 NCD secured?

Bank OF India 8.57% Dec 9999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Bank OF India 8.57% Dec 9999 NCD be called or put back early?

Bank OF India 8.57% Dec 9999 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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