U

Union Bank of India 8.93% Nov 2029 NCD

AA- Unsecured NCD

Union Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
8.93%
Per annum
Maturity Date
08 Nov 2029
3.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.93%
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
+303 bps
vs 3.2Y G-Sec at 5.90% *
Above the median spread for similar-tenor peers
Tenure
3.2 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 Nov 2026
Interest Payment
₹89,300.00 / Bond
8 Nov 2027
Interest Payment
₹89,300.00 / Bond
8 Nov 2028
Interest Payment
₹89,300.00 / Bond
8 Nov 2029
Principal Payment
₹1,000,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2019-11-08 Matures 2029-11-08
Key Metrics
Coupon Rate
8.93%
YTM (Annual)
Credit Rating
AA-
(INDIA_RATINGS)
Remaining Tenure
3.2 Years
Advanced metrics
Modified Duration
2.51 Yrs
Macaulay Duration
2.73 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.51 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 1.07 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
2019-11-08
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.93% UNSECURED LISTED RATED SUBORDINATED REDEEMABLE NON CONVERTIBLE TAXABLE BASEL III COMPLIANT TIER II BONDS IN THE NATURE OF DEBENTURES. SERIES II. LETTER OF ALLOTMENT. DATE OF MATURITY 08/11/2029 is a rated, redeemable ncd issued by Union Bank of India. The bond offers a fixed coupon of 8.93% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2019-10-30
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 Union Bank of India 8.93% Nov 2029 NCD?

Union Bank of India 8.93% Nov 2029 NCD carries a coupon of 8.93%, paid annual, on a face value of ₹1,000,000.

When does Union Bank of India 8.93% Nov 2029 NCD mature?

Union Bank of India 8.93% Nov 2029 NCD matures on 2029-11-08, 3.2 years from today.

What is Union Bank of India 8.93% Nov 2029 NCD rated?

Union Bank of India 8.93% Nov 2029 NCD is rated AA- by INDIA_RATINGS. As of 2019-10-30.

Is Union Bank of India 8.93% Nov 2029 NCD secured?

Union Bank of India 8.93% Nov 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Union Bank of India 8.93% Nov 2029 NCD be called or put back early?

Union Bank of India 8.93% Nov 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

More Bonds from This Issuer
7
Union Bank of India 7.74% Nov 2026 NCD
AAA
Coupon
7.74%
Maturity
24 Nov 2026
7
Union Bank of India 7.19% Jun 2031 NCD
AA+
Coupon
7.19%
Maturity
24 Jun 2031
7
Union Bank of India 7.80% Nov 2032 NCD
Coupon
7.80%
Maturity
29 Nov 2032
7
Union Bank of India 7.18% Nov 2035 NCD
AA+
Coupon
7.18%
Maturity
26 Nov 2035
Compare (/) Compare Bonds

← Back to screener