A
AAA Unsecured NCD

AXIS Bank Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

Current YTM
7.61%
Market YTM
Coupon Rate
7.88%
Per annum
Maturity Date
13 Dec 2032
6.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
7.61%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+163 bps
vs 6.3Y G-Sec at 5.98%
Below the median spread for similar-tenor peers
Tenure
6.3 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
13 Dec 2026
Interest Payment
₹788,000.00 / Bond
13 Dec 2027
Interest Payment
₹788,000.00 / Bond
13 Dec 2028
Interest Payment
₹788,000.00 / Bond
13 Dec 2029
Interest Payment
₹788,000.00 / Bond
13 Dec 2030
Interest Payment
₹788,000.00 / Bond
13 Dec 2031
Interest Payment
₹788,000.00 / Bond
13 Dec 2032
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) ● Rating action ┊ Today
Today Reaffirmed: by CRISIL on 2026-07-13 Issued 2022-12-13 Matures 2032-12-13

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.88%
YTM (Annual)
7.61%
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
6.3 Years
Advanced metrics
Modified Duration
4.59 Yrs
Macaulay Duration
4.94 Yrs
Issue Size
₹12,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.12 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
2022-12-13
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by AXIS Bank Ltd., 7.88% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BASEL III BOND. SERIES 30. DATE OF MATURITY 13/12/2032. is a rated, ncd paying a 7.88% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-13 CRISIL Reaffirm View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-13 101.2216 7.6100 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2022-12-06
Rating Actions History 1 2026-07-13
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-13
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 Axis Bank 7.88% Dec 2032 NCD?

Axis Bank 7.88% Dec 2032 NCD carries a coupon of 7.88%, paid annual, on a face value of ₹10,000,000.

When does Axis Bank 7.88% Dec 2032 NCD mature?

Axis Bank 7.88% Dec 2032 NCD matures on 2032-12-13, 6.3 years from today.

What is Axis Bank 7.88% Dec 2032 NCD rated?

Axis Bank 7.88% Dec 2032 NCD is rated AAA by INDIA_RATINGS. As of 2022-12-06.

Is Axis Bank 7.88% Dec 2032 NCD secured?

Axis Bank 7.88% Dec 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Axis Bank 7.88% Dec 2032 NCD currently offer?

The last recorded trade on 2026-08-13 priced Axis Bank 7.88% Dec 2032 NCD at ₹101.22, implying a yield to maturity of 7.61%.

More Bonds from This Issuer
A
AXIS Bank 7.84% Nov 2026 NCD
AAA
Coupon
7.84%
Maturity
23 Nov 2026
A
AXIS Bank 7.65% Jan 2027 NCD
AAA
Coupon
7.65%
Maturity
30 Jan 2027
A
AXIS Bank 7.66% Jun 2027 NCD
AAA
Coupon
7.66%
Maturity
15 Jun 2027
A
AXIS Bank 8.60% Dec 2028 NCD
AAA
Coupon
8.60%
Maturity
28 Dec 2028
Compare (/) Compare Bonds

← Back to screener