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Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD

AA Secured NCD

Hyderabad Metropolitan Development Authority

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2045

Current YTM
8.36%
Market YTM
Coupon Rate
8.50%
Per annum
Maturity Date
15 Jun 2045
18.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.36%
Live, last traded 2026-08-10
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+229 bps
vs 18.8Y G-Sec at 6.07%
Top 12% of similar-tenor peers by spread
Tenure
18.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-09 2026-08-10
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 2045
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 2045-06-15
Key Metrics
Coupon Rate
8.50%
YTM (Annual)
8.36%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
18.8 Years
Advanced metrics
Modified Duration
9.25 Yrs
Macaulay Duration
9.44 Yrs
Issue Size
₹381 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
9.25 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-10
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 5 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 P DATE OF MATURITY 15/06/2045 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
2026-08-10 103.7100 8.3600 2
2026-08-07 103.5300 8.3700 1
2026-08-05 100.8905 8.6773 1
2026-08-04 103.2800 8.4000 1
2026-07-28 101.0015 8.6252 None
2026-07-23 101.0300 8.6500 1
2026-07-22 101.0277 8.6500 None
2026-07-21 101.7200 8.5800 3
2026-07-17 101.0280 8.6500 1
2026-07-09 100.1000 8.7554 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-10
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 2045 NCD?

Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD carries a coupon of 8.50%, paid quarterly, on a face value of ₹100,000.

When does Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD mature?

Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD matures on 2045-06-15, 18.8 years from today.

What is Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD rated?

Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD is rated AA by INDIA_RATINGS and AA+ by ACUITE. As of 2026-04-30.

Is Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD secured?

Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD is a secured bond.

What yield does Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD currently offer?

The last recorded trade on 2026-08-10 priced Hyderabad Metropolitan Devel… 8.50% Jun 2045 NCD at ₹103.71, implying a yield to maturity of 8.36%.

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