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Indian Overseas Bank 9.08% Sep 2029 NCD (INE565A08035)

India Ratings AA+ Unsecured NCD

Indian Overseas Bank

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

4 more bonds from Indian Overseas Bank →
Current YTM
—
No current market yield
Coupon Rate
9.08%
Per annum
Maturity Date
24 Sep 2029
2.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 5 Oct 2026 Rating upgraded to AA+ India Ratings
  • 24 Sep 2026 Interest payment notice Certificate on Interest Payment on Series III Bonds INE565A08035

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 11 Dec 2023.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.9 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

24 Sep 2027
Interest Payment
₹90,800.00 / Bond
₹81,720.00 net of 10% TDS (est.)
24 Sep 2028
Interest Payment
₹90,800.00 / Bond
₹81,720.00 net of 10% TDS (est.)
24 Sep 2029
Final coupon + principal
₹10,90,800.00 / Bond
₹90,800.00 coupon + ₹10,00,000 face value

3 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-09-24 Interest ₹45,40,00,000.00 ₹45,40,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Upgrade: AA+ by India Ratings on 5 Oct 2026 Interest paid (SEBI Reg52(4) disclosure) — due 24 Sep 2026 Issued 24 Sep 2019 Matures 24 Sep 2029

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

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
9.08%
YTM (Annual)
—
Credit Rating
AA+
(India Ratings) · rated 5 Oct 2026, 34 days ago
Remaining Tenure
2.9 Years

AA+ (India Ratings): Rated 5 Oct 2026 (34 days ago).

A+ (CRISIL): Rated 31 Oct 2019 (7 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since. CRISIL's latest action on the issuer (25 Jun 2026) is AAA.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
2.41 Yrs
Macaulay Duration
2.63 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
2.41 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
11 Dec 2023
BSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.12 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
24 Sep 2019
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Overseas Bank issued Indian Overseas Bank 9.08% Sep 2029 NCD, an unsecured, rated NCD. It pays a 9.08% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
5 Oct 2026 India Ratings AA+ — Latest NSE filing →
31 Oct 2019 CRISIL A+ — Latest BSE listing
2019 India Ratings AA- — NSDL record, 2019 NSDL debt master

Rating Action History

2 actions

Agency actions on Indian Overseas Bank and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-05
This bond
India Ratings Upgrade AA+ Stable NSE filing →
2026-06-25 CRISIL Upgrade AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Indian Overseas Bank

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-05 India Ratings Upgrade This bond AA+ / Stable NSE filing →
2026-06-25 CRISIL Upgrade AAA / Stable View →
Alert me about Indian Overseas Bank An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE565A08035: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2023-12-11 92.0562 10.7000 2

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 3 CRISIL, India Ratings 2026-10-05
Rating Actions History 2 — 2026-10-05
Secondary-Market Trades 1 BSE 2023-12-11
Reg52(4) Payment Disclosures 1 NSE 2026-09-24
  • No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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.

Current Price (Clean)
₹9,20,562.00
YTM—
Trade Date 11 Dec 2023 1063d ago
SourceBSE
Accrued interest (est.)₹11,443.29
Dirty price (est.)₹9,32,005.29
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE565A08035
Issue Date
24 Sep 2019
Maturity Date
24 Sep 2029
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Indian Overseas Bank 9.08% Sep 2029 NCD?

Indian Overseas Bank 9.08% Sep 2029 NCD carries a coupon of 9.08%, paid annual, on a face value of ₹10,00,000.

When does Indian Overseas Bank 9.08% Sep 2029 NCD mature?

Indian Overseas Bank 9.08% Sep 2029 NCD matures on 24 Sep 2029, 2.9 years from today.

What is Indian Overseas Bank 9.08% Sep 2029 NCD rated?

Indian Overseas Bank 9.08% Sep 2029 NCD is rated AA+ by India Ratings (rating dated 5 Oct 2026) and A+ by CRISIL (rating dated 31 Oct 2019).

Is Indian Overseas Bank 9.08% Sep 2029 NCD secured?

Indian Overseas Bank 9.08% Sep 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Overseas Bank 9.08% Sep 2029 NCD trade?

Indian Overseas Bank 9.08% Sep 2029 NCD is listed on BSE.

More Bonds from This Issuer

I
Indian Overseas Bank 11.70% Dec 2028 NCD
INE565A09264
A+ NSDL record, 2018
Coupon
11.70%
Maturity
08 Dec 2028
I
Indian Overseas Bank 8.60% Mar 2032 NCD
INE565A08043
AA+
Coupon
8.60%
Maturity
31 Mar 2032
I
Indian Overseas Bank 9.00% Mar 2033 NCD
INE565A08050
AA+
Coupon
9.00%
Maturity
24 Mar 2033
I
Indian Overseas Bank 7.80% Jan 2036 NCD
INE565A08068
AA
Coupon
7.80%
Maturity
23 Jan 2036
Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 9.08%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE523L07AU5Nuvama Wealth and Investment LimitedAA9.07%2028-11-13
INE658F08201Kerala Infrastructure Investment Fund BoardAA+9.10%2030-03-26
INE202B07JU8Piramal Finance LimitedAA9.10%2030-06-28
INE134E08JX9Power Finance Corporation LimitedAAA9.10%2029-03-23
INE124N07770SK Finance LimitedAA-9.10%2028-10-09
INE124N07820SK Finance LimitedAA-9.10%2029-08-10

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