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Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD

AA+ Secured NCD

Hyderabad Metropolitan Development Authority

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2034

Current YTM
8.35%
Market YTM
Coupon Rate
8.70%
Per annum
Maturity Date
15 Mar 2034
7.5 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.35%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+158 bps
vs 7.5Y G-Sec at 6.77%
Below the median spread for similar-tenor peers
Tenure
7.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-07 2026-08-24
Cashflow Timeline
6 Oct 2026
Interest Payment
₹2,175.00 / Bond
6 Jan 2027
Interest Payment
₹2,175.00 / Bond
6 Apr 2027
Interest Payment
₹2,175.00 / Bond
6 Jul 2027
Interest Payment
₹2,175.00 / Bond
6 Oct 2027
Interest Payment
₹2,175.00 / Bond
6 Jan 2028
Interest Payment
₹2,175.00 / Bond
6 Apr 2028
Interest Payment
₹2,175.00 / Bond
6 Jul 2028
Interest Payment
₹2,175.00 / Bond
15 Mar 2034
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-04-06 Matures 2034-03-15
Key Metrics
Coupon Rate
8.70%
YTM (Annual)
8.35%
Credit Rating
AA+
(ACUITE)
Remaining Tenure
7.5 Years
Advanced metrics
Modified Duration
5.42 Yrs
Macaulay Duration
5.53 Yrs
Issue Size
₹193 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.42 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-24
BSE
Trades (30 Days)
14
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 14 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.30 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
2026-04-06
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Hyderabad Metropolitan Development Authority, 8.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND STRPP E DATE OF MATURITY 15/03/2034 is a secured, rated, ncd paying a 8.70% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 103.2000 8.3500 1
2026-08-21 104.7216 7.8586 None
2026-08-19 103.3500 8.3200 1
2026-08-18 103.4300 8.3000 2
2026-08-14 102.9454 8.4000 1
2026-08-13 103.1000 8.3700 1
2026-08-12 104.4083 7.9142 4
2026-08-11 103.0500 8.3800 2
2026-08-10 103.4500 8.3000 1
2026-08-07 102.9500 8.4000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2026-03-19
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-24
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 Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD?

Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD carries a coupon of 8.70%, paid quarterly, on a face value of ₹100,000.

When does Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD mature?

Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD matures on 2034-03-15, 7.5 years from today.

What is Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD rated?

Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD is rated AA+ by ACUITE. As of 2026-03-19.

Is Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD secured?

Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD is a secured bond.

What yield does Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD currently offer?

The last recorded trade on 2026-08-24 priced Hyderabad Metropolitan Devel… 8.70% Mar 2034 NCD at ₹103.20, implying a yield to maturity of 8.35%.

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Maturity
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Hyderabad Metropolitan Dev… 8.70% Mar 2031 NCD
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