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Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD

AA Secured NCD

Hyderabad Metropolitan Development Authority

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2041

Current YTM
8.63%
Market YTM
Coupon Rate
8.50%
Per annum
Maturity Date
14 Jun 2041
14.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.63%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+171 bps
vs 14.8Y G-Sec at 6.92%
Top 19% of similar-tenor peers by spread
Tenure
14.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-24
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
14 Jun 2041
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 2041-06-14
Key Metrics
Coupon Rate
8.50%
YTM (Annual)
8.63%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
14.8 Years
Advanced metrics
Modified Duration
8.19 Yrs
Macaulay Duration
8.37 Yrs
Issue Size
₹381 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
8.19 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-24
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 4 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

8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES II STRPP L DATE OF MATURITY 14/06/2041 is a secured, rated, redeemable ncd issued by Hyderabad Metropolitan Development Authority. The bond offers a fixed coupon of 8.50% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 101.1057 8.6258 None
2026-08-13 100.9100 8.6500 1
2026-07-29 101.2172 8.6118 None
2026-07-28 101.0618 8.6315 None
2026-07-22 101.1132 8.6250 None
2026-07-21 100.9500 8.6500 None
2026-07-20 100.8400 8.6600 1
2026-07-17 101.1137 8.6250 None
2026-07-16 100.1000 8.7500 None
2026-07-10 100.9163 8.6500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-24
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD?

Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD carries a coupon of 8.50%, paid quarterly, on a face value of ₹100,000.

When does Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD mature?

Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD matures on 2041-06-14, 14.8 years from today.

What is Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD rated?

Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD is rated AA by INDIA_RATINGS and AA by ACUITE. As of 2026-04-30.

Is Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD secured?

Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD is a secured bond.

What yield does Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD currently offer?

The last recorded trade on 2026-08-24 priced Hyderabad Metropolitan Devel… 8.50% Jun 2041 NCD at ₹101.11, implying a yield to maturity of 8.63%.

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