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Union Bank of India 8.70% Dec 9999 NCD

AA Unsecured NCD

Union Bank of India

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
No live YTM available
Coupon Rate
8.70%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.70%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed 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

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.70%
YTM (Annual)
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹2,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
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 1.30 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
2021-11-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Union Bank of India issued this rated, ncd (8.70% UNSECURED RATED LISTED NON CONVERTIBLE BOND BASEL III ADDITIONAL TIER 1 PERPETUAL DEBT INSTRUMENTS IN THE NATURE OF DEBENTURE. SERIES XXXII.) carrying a 8.70% p.a. coupon, paid annual. It has no fixed maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2021-11-12
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 8.70% Dec 9999 NCD?

Union Bank of India 8.70% Dec 9999 NCD carries a coupon of 8.70%, paid annual, on a face value of ₹10,000,000.

When does Union Bank of India 8.70% Dec 9999 NCD mature?

Union Bank of India 8.70% Dec 9999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is Union Bank of India 8.70% Dec 9999 NCD rated?

Union Bank of India 8.70% Dec 9999 NCD is rated AA by INDIA_RATINGS. As of 2021-11-12.

Is Union Bank of India 8.70% Dec 9999 NCD secured?

Union Bank of India 8.70% Dec 9999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Union Bank of India 8.70% Dec 9999 NCD be called or put back early?

Union Bank of India 8.70% Dec 9999 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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