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Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD

AA+ Secured NCD

Hyderabad Metropolitan Development Authority

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2038

Current YTM
7.80%
Market YTM
Coupon Rate
8.50%
Per annum
Maturity Date
15 Jun 2038
11.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.80%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+119 bps
vs 11.8Y G-Sec at 6.61%
Below the median spread for similar-tenor peers
Tenure
11.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-20 2026-08-21
Cashflow Timeline
1 Sep 2026
Interest Payment
₹2,125.00 / Bond
1 Dec 2026
Interest Payment
₹2,125.00 / Bond
1 Mar 2027
Interest Payment
₹2,125.00 / Bond
1 Jun 2027
Interest Payment
₹2,125.00 / Bond
1 Sep 2027
Interest Payment
₹2,125.00 / Bond
1 Dec 2027
Interest Payment
₹2,125.00 / Bond
1 Mar 2028
Interest Payment
₹2,125.00 / Bond
1 Jun 2028
Interest Payment
₹2,125.00 / Bond
15 Jun 2038
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 2026-06-01 Matures 2038-06-15
Key Metrics
Coupon Rate
8.50%
YTM (Annual)
7.80%
Credit Rating
AA+
(ACUITE)
Remaining Tenure
11.8 Years
Advanced metrics
Modified Duration
7.41 Yrs
Macaulay Duration
7.55 Yrs
Issue Size
₹381 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
7.41 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-21
BSE
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.50 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
2026-06-01
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Hyderabad Metropolitan Development Authority, 8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES II STRPP I DATE OF MATURITY 15/06/2038 is a secured, rated, ncd paying a 8.50% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-21 106.9300 7.8000 1
2026-08-19 102.4113 8.4200 1
2026-08-13 100.9560 8.6624 None
2026-08-12 102.0046 8.4767 None
2026-08-05 100.8034 8.6500 1
2026-07-30 100.8036 8.6500 None
2026-07-29 100.8012 8.6504 None
2026-07-22 102.3000 8.4368 1
2026-07-21 100.8300 8.6500 None
2026-07-20 100.7400 8.6600 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2026-05-19
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-21
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… 8.50% Jun 2038 NCD?

Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD carries a coupon of 8.50%, paid quarterly, on a face value of ₹100,000.

When does Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD mature?

Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD matures on 2038-06-15, 11.8 years from today.

What is Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD rated?

Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD is rated AA+ by ACUITE. As of 2026-05-19.

Is Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD secured?

Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD is a secured bond.

What yield does Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD currently offer?

The last recorded trade on 2026-08-21 priced Hyderabad Metropolitan Devel… 8.50% Jun 2038 NCD at ₹106.93, implying a yield to maturity of 7.80%.

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