B
AA++ Unsecured NCD

Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2034

Current YTM
7.50%
Market YTM
Coupon Rate
7.54%
Per annum
Maturity Date
19 Jul 2034
7.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.50%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+95 bps
vs 7.9Y G-Sec at 6.55%
Below the median spread for similar-tenor peers
Tenure
7.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-15 2026-08-20
Cashflow Timeline
19 Jul 2027
Interest Payment
₹7,540.00 / Bond
19 Jul 2028
Interest Payment
₹7,540.00 / Bond
19 Jul 2029
Interest Payment
₹7,540.00 / Bond
19 Jul 2030
Interest Payment
₹7,540.00 / Bond
19 Jul 2031
Interest Payment
₹7,540.00 / Bond
19 Jul 2032
Interest Payment
₹7,540.00 / Bond
19 Jul 2033
Interest Payment
₹7,540.00 / Bond
19 Jul 2034
Principal Payment
₹100,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹100,000 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 2024-07-19 Matures 2034-07-19

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

Key Metrics
Coupon Rate
7.54%
YTM (Annual)
7.50%
Credit Rating
AA++
(CARE)
Remaining Tenure
7.9 Years
Advanced metrics
Modified Duration
5.75 Yrs
Macaulay Duration
6.18 Yrs
Issue Size
₹5,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.75 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.46 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
2024-07-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Bank of India, 7.54% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES I DATE OF MATURITY 19/07/2034. is a rated, ncd paying a 7.54% p.a. coupon annual. The instrument repays principal on maturity.

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
2026-08-20 100.1700 7.5000 1
2026-08-17 99.9232 7.5412 1
2026-08-12 100.2300 7.4895 1
2026-08-07 100.1700 7.5000 1
2026-07-31 99.2863 7.6522 None
2026-07-28 102.0000 7.1900 2
2026-07-23 98.1200 7.8700 2
2026-07-15 100.1700 7.5071 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, INDIA_RATINGS 2026-06-28
Rating Actions History 6 2026-08-21
Secondary-Market Trades 8 BSE 2026-08-20
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 7.54% Jul 2034 NCD?

Bank OF India 7.54% Jul 2034 NCD carries a coupon of 7.54%, paid annual, on a face value of ₹100,000.

When does Bank OF India 7.54% Jul 2034 NCD mature?

Bank OF India 7.54% Jul 2034 NCD matures on 2034-07-19, 7.9 years from today.

What is Bank OF India 7.54% Jul 2034 NCD rated?

Bank OF India 7.54% Jul 2034 NCD is rated AA++ by CARE and AA+ by INDIA_RATINGS. As of 2026-06-28.

Is Bank OF India 7.54% Jul 2034 NCD secured?

Bank OF India 7.54% Jul 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Bank OF India 7.54% Jul 2034 NCD currently offer?

The last recorded trade on 2026-08-20 priced Bank OF India 7.54% Jul 2034 NCD at ₹100.17, implying a yield to maturity of 7.50%.

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