B
AA+ Unsecured NCD

Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2035

Current YTM
No live YTM available
Coupon Rate
7.23%
Per annum
Maturity Date
26 Dec 2035
9.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.23%
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
+103 bps
vs 9.3Y G-Sec at 6.20% *
Below the median spread for similar-tenor peers
Tenure
9.3 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 Dec 2026
Interest Payment
₹7,230.00 / Bond
26 Dec 2027
Interest Payment
₹7,230.00 / Bond
26 Dec 2028
Interest Payment
₹7,230.00 / Bond
26 Dec 2029
Interest Payment
₹7,230.00 / Bond
26 Dec 2030
Interest Payment
₹7,230.00 / Bond
26 Dec 2031
Interest Payment
₹7,230.00 / Bond
26 Dec 2032
Interest Payment
₹7,230.00 / Bond
26 Dec 2033
Interest Payment
₹7,230.00 / Bond
26 Dec 2035
Principal Payment
₹100,000.00 / Bond

Next 8 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 2025-12-26 Matures 2035-12-26

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

Key Metrics
Coupon Rate
7.23%
YTM (Annual)
Credit Rating
AA+
(CRISIL)
Remaining Tenure
9.3 Years
Advanced metrics
Modified Duration
6.32 Yrs
Macaulay Duration
6.78 Yrs
Issue Size
₹10,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
6.32 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
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.77 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
2025-12-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.23% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES IV DATE OF MATURITY 26/12/2035 is a rated, redeemable ncd issued by Bank of India. The bond offers a fixed coupon of 7.23% p.a. with annual interest payments and 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 →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-06-28
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 7.23% Dec 2035 NCD?

Bank OF India 7.23% Dec 2035 NCD carries a coupon of 7.23%, paid annual, on a face value of ₹100,000.

When does Bank OF India 7.23% Dec 2035 NCD mature?

Bank OF India 7.23% Dec 2035 NCD matures on 2035-12-26, 9.3 years from today.

What is Bank OF India 7.23% Dec 2035 NCD rated?

Bank OF India 7.23% Dec 2035 NCD is rated AA+ by CRISIL and AA+ by CARE. As of 2026-06-28.

Is Bank OF India 7.23% Dec 2035 NCD secured?

Bank OF India 7.23% Dec 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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