The Federal Bank 8.84% Mar 2033 NCD (INE171A08040)
The Federal Bank Limited
Unsecured, Rated, Taxable, Redeemable NCD
Browse: AA rated bonds · bonds maturing in 2033
Market Position
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.Showing last 10 trades.
Cashflow Timeline
7 coupons remaining, the last paid with principal at maturity · per ₹1,00,00,000 face value · projected dates
Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.
Bond Timeline
2 rating actions on file since issue — hover a dot for detail.
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- No secondary-market trades recorded in the last 30 days.
- Coupon is 1.36 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)
Structured Overview
Data as of 16 Jul 2026The Federal Bank 8.84% Mar 2033 NCD is an unsecured, rated NCD issued by The Federal Bank Limited. It pays an 8.84% p.a. coupon, annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.
Rating Timeline
3 ratings on fileEvery rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 7 Oct 2026 | CARE | AA+ | — | Latest | NSE filing → |
| 21 Sep 2026 | India Ratings | AA+ | — | Latest | NSE filing → |
| 2023 | CARE | AA | — | NSDL debt master |
Rating Action History
2 actionsAgency actions on The Federal Bank Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-10-07 This bond |
CARE | Reaffirm | AA+ | Stable | NSE filing → |
| 2026-09-21 This bond |
India Ratings | Reaffirm | AA+ | Stable | NSE filing → |
Rating Actions on The Federal Bank Limited
last 12 monthsAgencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.
| Date | Agency | Action | Rating | Rationale |
|---|---|---|---|---|
| 2026-10-07 | CARE | Reaffirm This bond | AA+ / Stable | NSE filing → |
| 2026-09-21 | India Ratings | Reaffirm This bond | AA+ / Stable | NSE filing → |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 3 | CARE, India Ratings | 2026-10-07 |
| Rating Actions History | 2 | — | 2026-10-07 |
| Secondary-Market Trades | 0 | — | — |
| Reg52(4) Payment Disclosures | 0 | — | — |
- No secondary-market trade with a usable price on record, so no market yield or spread is shown.
Documents
Entity metadata
- Source
- NSDL debt master
- 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.
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 ₹1,00,00,000.
When does The Federal Bank 8.84% Mar 2033 NCD mature?
The Federal Bank 8.84% Mar 2033 NCD matures on 29 Mar 2033, 6.4 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 (rating dated 7 Oct 2026) and AA+ by India Ratings (rating dated 21 Sep 2026).
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
Comparable NCDs maturing near 2033
Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.84%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE053F09HE0 | Indian Railway Finance Corporation Limited | AAA | 8.83% | 2032-05-14 |
| INE053F09HF7 | Indian Railway Finance Corporation Limited | AAA | 8.83% | 2033-05-14 |
| INE121A08PZ6 | Cholamandalam Investment and Finance Company Limited | AA+ | 8.88% | 2033-06-25 |
| INE818F07286 | Kerala Financial Corporation | AA | 8.89% | 2034-03-13 |
| INE658F08144 | Kerala Infrastructure Investment Fund Board | AA | 8.95% | 2032-12-22 |
| INE658F08136 | Kerala Infrastructure Investment Fund Board | AA | 8.95% | 2033-12-22 |