I
AA+ Unsecured NCD

IDFC First Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
8.00%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
27 Jun 2033
6.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
8.00%
Live, last traded 2026-07-17
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+125 bps
vs 6.8Y G-Sec at 6.75%
Below the median spread for similar-tenor peers
Tenure
6.8 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
27 Jun 2027
Interest Payment
₹840,000.00 / Bond
27 Jun 2028
Interest Payment
₹840,000.00 / Bond
27 Jun 2029
Interest Payment
₹840,000.00 / Bond
27 Jun 2030
Interest Payment
₹840,000.00 / Bond
27 Jun 2031
Interest Payment
₹840,000.00 / Bond
27 Jun 2032
Interest Payment
₹840,000.00 / Bond
27 Jun 2033
Principal Payment
₹10,000,000.00 / Bond

Next 6 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-06-27 Matures 2033-06-27
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.00%
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
6.8 Years
Advanced metrics
Modified Duration
5.01 Yrs
Macaulay Duration
5.41 Yrs
Issue Size
₹1,500 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.01 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-17
NSE OTC (WAP)
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 1.60 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
2023-06-27
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

IDFC First Bank Limited issued this rated, ncd (8.40% UNSECURED RATED LISTED REDEEMABLE SUBORDINATE TIER II NON CONVERTIBLE BOND SERIES PP1 DATE OF MATURITY 27/06/2033) carrying a 8.40% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-17 100.6539 8.0000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-06-05
Rating Actions History 0
Secondary-Market Trades 1 NSE OTC (WAP) 2026-07-17
Reg52(4) Payment Disclosures 0
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 8.40% Jun 2033 NCD?

IDFC First Bank 8.40% Jun 2033 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹10,000,000.

When does IDFC First Bank 8.40% Jun 2033 NCD mature?

IDFC First Bank 8.40% Jun 2033 NCD matures on 2033-06-27, 6.8 years from today.

What is IDFC First Bank 8.40% Jun 2033 NCD rated?

IDFC First Bank 8.40% Jun 2033 NCD is rated AA+ by INDIA_RATINGS. As of 2023-06-05.

Is IDFC First Bank 8.40% Jun 2033 NCD secured?

IDFC First Bank 8.40% Jun 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can IDFC First Bank 8.40% Jun 2033 NCD be called or put back early?

IDFC First Bank 8.40% Jun 2033 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does IDFC First Bank 8.40% Jun 2033 NCD currently offer?

The last recorded trade on 2026-07-17 priced IDFC First Bank 8.40% Jun 2033 NCD at ₹100.65, implying a yield to maturity of 8.00%.

More Bonds from This Issuer
8
IDFC First Bank 8.75% Sep 2026 NCD
AAA
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 8.42% Feb 2032 NCD
AA+
Coupon
8.42%
Maturity
08 Feb 2032
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