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Union Bank of India 8.40% 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
8.40%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.40%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean)
2026-07-22 2026-08-12
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
Credit Rating
AA
(CRISIL)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹1,500 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-12
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.60 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
2021-12-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Issued by Union Bank of India, 8.40% UNSECURED RATED LISTED NON CONVERTIBLE PERPETUAL ADDITIONAL TIER 1 BOND IN THE NATURE OF DEBENTURE. SERIES XXXIII. is a rated, ncd paying a 8.40% p.a. coupon annual. The instrument has no fixed maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-12 100.2400 2
2026-08-11 99.9900 2
2026-07-27 100.1600 1
2026-07-24 100.0100 3
2026-07-23 100.1500 1
2026-07-22 99.9500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-12-09
Rating Actions History 0
Secondary-Market Trades 6 BSE 2026-08-12
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 Union Bank of India 8.40% Dec 9999 NCD?

Union Bank of India 8.40% Dec 9999 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹10,000,000.

When does Union Bank of India 8.40% Dec 9999 NCD mature?

Union Bank of India 8.40% 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 8.40% Dec 9999 NCD rated?

Union Bank of India 8.40% Dec 9999 NCD is rated AA by CRISIL. As of 2021-12-09.

Is Union Bank of India 8.40% Dec 9999 NCD secured?

Union Bank of India 8.40% Dec 9999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Union Bank of India 8.40% Dec 9999 NCD be called or put back early?

Union Bank of India 8.40% Dec 9999 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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