B
AA+ Unsecured NCD

Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2034

Current YTM
No live YTM available
Coupon Rate
7.49%
Per annum
Maturity Date
26 Sep 2034
8.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.49%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+105 bps
vs 8.1Y G-Sec at 6.44% *
Below the median spread for similar-tenor peers
Tenure
8.1 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
26 Sep 2026
Interest Payment
₹749,000.00 / Bond
26 Sep 2027
Interest Payment
₹749,000.00 / Bond
26 Sep 2028
Interest Payment
₹749,000.00 / Bond
26 Sep 2029
Interest Payment
₹749,000.00 / Bond
26 Sep 2030
Interest Payment
₹749,000.00 / Bond
26 Sep 2031
Interest Payment
₹749,000.00 / Bond
26 Sep 2032
Interest Payment
₹749,000.00 / Bond
26 Sep 2033
Interest Payment
₹749,000.00 / Bond
26 Sep 2034
Principal Payment
₹10,000,000.00 / Bond

Next 8 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 2024-09-26 Matures 2034-09-26

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

Key Metrics
Coupon Rate
7.49%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
8.1 Years
Advanced metrics
Modified Duration
5.52 Yrs
Macaulay Duration
5.93 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.52 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 2.51 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
2024-09-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

7.49% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE TIRE II BONDS IN THE NATURE OF DEBENTURES. SERIES XVII. DATE OF MATURITY 26/09/2034 is a rated, redeemable ncd issued by Bank of India. The bond offers a fixed coupon of 7.49% 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 INDIA_RATINGS 2024-09-11
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 7.49% Sep 2034 NCD?

Bank OF India 7.49% Sep 2034 NCD carries a coupon of 7.49%, paid annual, on a face value of ₹10,000,000.

When does Bank OF India 7.49% Sep 2034 NCD mature?

Bank OF India 7.49% Sep 2034 NCD matures on 2034-09-26, 8.1 years from today.

What is Bank OF India 7.49% Sep 2034 NCD rated?

Bank OF India 7.49% Sep 2034 NCD is rated AA+ by INDIA_RATINGS. As of 2024-09-11.

Is Bank OF India 7.49% Sep 2034 NCD secured?

Bank OF India 7.49% Sep 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Bank OF India 7.49% Sep 2034 NCD be called or put back early?

Bank OF India 7.49% Sep 2034 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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Maturity
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