T
AA Unsecured NCD

The Federal Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
8.84%
Per annum
Maturity Date
29 Mar 2033
6.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.84%
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
+203 bps
vs 6.6Y G-Sec at 6.81% *
Above the median spread for similar-tenor peers
Tenure
6.6 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
29 Mar 2027
Interest Payment
₹884,000.00 / Bond
29 Mar 2028
Interest Payment
₹884,000.00 / Bond
29 Mar 2029
Interest Payment
₹884,000.00 / Bond
29 Mar 2030
Interest Payment
₹884,000.00 / Bond
29 Mar 2031
Interest Payment
₹884,000.00 / Bond
29 Mar 2032
Interest Payment
₹884,000.00 / Bond
29 Mar 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 2023-03-29 Matures 2033-03-29
Key Metrics
Coupon Rate
8.84%
YTM (Annual)
Credit Rating
AA
(CARE)
Remaining Tenure
6.6 Years
Advanced metrics
Modified Duration
4.68 Yrs
Macaulay Duration
5.09 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.68 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 1.16 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
Instrument Type
NCD
Issue Date
2023-03-29
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

8.84% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BASEL III TIER 2 BOND IN NATURE OF DEBENTRUES LETTER OF ALLOTMENT SERIES III DATE OF MATURITY 29/03/2033 is a rated, redeemable ncd issued by The Federal Bank Limited. The bond offers a fixed coupon of 8.84% 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 CARE 2023-03-15
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

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Frequently Asked Questions
What is the coupon rate on The Federal Bank 8.84% Mar 2033 NCD?

The Federal Bank 8.84% Mar 2033 NCD carries a coupon of 8.84%, paid annual, on a face value of ₹10,000,000.

When does The Federal Bank 8.84% Mar 2033 NCD mature?

The Federal Bank 8.84% Mar 2033 NCD matures on 2033-03-29, 6.6 years from today.

What is The Federal Bank 8.84% Mar 2033 NCD rated?

The Federal Bank 8.84% Mar 2033 NCD is rated AA by CARE. As of 2023-03-15.

Is The Federal Bank 8.84% Mar 2033 NCD secured?

The Federal Bank 8.84% Mar 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can The Federal Bank 8.84% Mar 2033 NCD be called or put back early?

The Federal Bank 8.84% Mar 2033 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

More Bonds from This Issuer
8
The Federal Bank 8.20% Jan 2032 NCD
AA
Coupon
8.20%
Maturity
20 Jan 2032
7
The Federal Bank 7.76% Nov 2034 NCD
AA+
Coupon
7.76%
Maturity
12 Nov 2034
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