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Union Bank of India 7.19% Jun 2031 NCD

AA+ Unsecured NCD

Union Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
7.19%
Per annum
Maturity Date
24 Jun 2031
4.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.19%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+68 bps
vs 4.8Y G-Sec at 6.51% *
Below the median spread for similar-tenor peers
Tenure
4.8 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.
Cashflow Timeline
24 Jun 2027
Interest Payment
₹71,900.00 / Bond
24 Jun 2028
Interest Payment
₹71,900.00 / Bond
24 Jun 2029
Interest Payment
₹71,900.00 / Bond
24 Jun 2030
Interest Payment
₹71,900.00 / Bond
24 Jun 2031
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2021-06-24 Matures 2031-06-24
Key Metrics
Coupon Rate
7.19%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
4.8 Years
Advanced metrics
Modified Duration
3.91 Yrs
Macaulay Duration
4.19 Yrs
Issue Size
₹850 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.81 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2021-06-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Issued by Union Bank of India, 7.19% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE REDEEMABLE TAXABLE BASEL III COMPLIANT TIER II BONDS IN THE NATURE OF DEBENTURES. SERIES XXX.DATE OF MATURITY 24/06/2031 is a rated, ncd paying a 7.19% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2021-06-11
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 Union Bank of India 7.19% Jun 2031 NCD?

Union Bank of India 7.19% Jun 2031 NCD carries a coupon of 7.19%, paid annual, on a face value of ₹1,000,000.

When does Union Bank of India 7.19% Jun 2031 NCD mature?

Union Bank of India 7.19% Jun 2031 NCD matures on 2031-06-24, 4.8 years from today.

What is Union Bank of India 7.19% Jun 2031 NCD rated?

Union Bank of India 7.19% Jun 2031 NCD is rated AA+ by INDIA_RATINGS. As of 2021-06-11.

Is Union Bank of India 7.19% Jun 2031 NCD secured?

Union Bank of India 7.19% Jun 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Union Bank of India 7.19% Jun 2031 NCD be called or put back early?

Union Bank of India 7.19% Jun 2031 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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