I
AA+ Unsecured NCD

IDFC First Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
No live YTM available
Coupon Rate
8.42%
Per annum
Maturity Date
08 Feb 2032
5.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.42%
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
+130 bps
vs 5.4Y G-Sec at 7.12% *
Below the median spread for similar-tenor peers
Tenure
5.4 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
8 Feb 2027
Interest Payment
₹842,000.00 / Bond
8 Feb 2028
Interest Payment
₹842,000.00 / Bond
8 Feb 2029
Interest Payment
₹842,000.00 / Bond
8 Feb 2030
Interest Payment
₹842,000.00 / Bond
8 Feb 2031
Interest Payment
₹842,000.00 / Bond
8 Feb 2032
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) ┊ Today
Today Issued 2022-02-08 Matures 2032-02-08
Key Metrics
Coupon Rate
8.42%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
5.4 Years
Advanced metrics
Modified Duration
4.05 Yrs
Macaulay Duration
4.39 Yrs
Issue Size
₹1,500 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.05 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 1.58 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
Instrument Type
NCD
Issue Date
2022-02-08
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Issued by IDFC First Bank Limited, 8.42% UNSECURED RATED LISTED NON CONVERTIBLE SUBORIDINATED TIER 2 BOND IN THE NATURE OF DEBENTURE. SERIES PP 1/2022. DATE OF MATURITY 08/02/2032. is a rated, ncd paying a 8.42% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2022-01-24
Rating Actions History 0
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 Idfc First Bank 8.42% Feb 2032 NCD?

Idfc First Bank 8.42% Feb 2032 NCD carries a coupon of 8.42%, paid annual, on a face value of ₹10,000,000.

When does Idfc First Bank 8.42% Feb 2032 NCD mature?

Idfc First Bank 8.42% Feb 2032 NCD matures on 2032-02-08, 5.4 years from today.

What is Idfc First Bank 8.42% Feb 2032 NCD rated?

Idfc First Bank 8.42% Feb 2032 NCD is rated AA+ by INDIA_RATINGS. As of 2022-01-24.

Is Idfc First Bank 8.42% Feb 2032 NCD secured?

Idfc First Bank 8.42% Feb 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Idfc First Bank 8.42% Feb 2032 NCD be called or put back early?

Idfc First Bank 8.42% Feb 2032 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

More Bonds from This Issuer
8
IDFC First Bank 8.75% Sep 2026 NCD
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Coupon
8.75%
Maturity
18 Sep 2026
8
IDFC First Bank 8.25% Aug 2027 NCD
Coupon
8.25%
Maturity
24 Aug 2027
9
IDFC First Bank 9.50% May 2028 NCD
AA+
Coupon
9.50%
Maturity
17 May 2028
8
IDFC First Bank 8.70% Dec 2032 NCD
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Coupon
8.70%
Maturity
01 Dec 2032
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