A
AA+ Unsecured NCD

AXIS Bank Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
No live YTM available
Coupon Rate
8.75%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.75%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed 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

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.75%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹3,500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2017-06-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

AXIS Bank Ltd. issued this rated, ncd (ABL-8.75%-PERPETUAL-PVT) carrying a 8.75% p.a. coupon, paid annual. It has no fixed maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-13 CRISIL Reaffirm View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2017-06-21
Rating Actions History 1 2026-07-13
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
bse_bonds
Last Updated
8 Aug 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 AXIS Bank 8.75% Dec 2099 NCD?

AXIS Bank 8.75% Dec 2099 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹1,000,000.

When does AXIS Bank 8.75% Dec 2099 NCD mature?

AXIS Bank 8.75% Dec 2099 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date.

What is AXIS Bank 8.75% Dec 2099 NCD rated?

AXIS Bank 8.75% Dec 2099 NCD is rated AA+ by INDIA_RATINGS. As of 2017-06-21.

Is AXIS Bank 8.75% Dec 2099 NCD secured?

AXIS Bank 8.75% Dec 2099 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does AXIS Bank 8.75% Dec 2099 NCD trade?

AXIS Bank 8.75% Dec 2099 NCD is listed on BSE.

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