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Utkarsh Small Finance Bank 11.00% Jun 2031 NCD

A+ Unsecured NCD

Utkarsh Small Finance Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2031

Current YTM
11.00%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
28 Jun 2031
4.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
11.00%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+449 bps
vs 4.8Y G-Sec at 6.51%
Top 24% of similar-tenor peers by spread
Tenure
4.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-29 2026-08-19
Cashflow Timeline
28 Sep 2026
Interest Payment
₹2,750.00 / Bond
28 Dec 2026
Interest Payment
₹2,750.00 / Bond
28 Mar 2027
Interest Payment
₹2,750.00 / Bond
28 Jun 2027
Interest Payment
₹2,750.00 / Bond
28 Sep 2027
Interest Payment
₹2,750.00 / Bond
28 Dec 2027
Interest Payment
₹2,750.00 / Bond
28 Mar 2028
Interest Payment
₹2,750.00 / Bond
28 Jun 2028
Interest Payment
₹2,750.00 / Bond
28 Jun 2031
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 2024-06-28 Matures 2031-06-28
Key Metrics
Coupon Rate
11.00%
YTM (Annual)
11.00%
Credit Rating
A+
(ICRA)
Remaining Tenure
4.8 Years
Advanced metrics
Modified Duration
3.64 Yrs
Macaulay Duration
3.74 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-19
BSE
Trades (30 Days)
15
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 15 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.00 percentage points above 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
2024-06-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Utkarsh Small Finance Bank Limited issued this rated, ncd (11% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE TIER II BONDS IN THE FORM OF DEBENTURES DATE OF MATURITY 28/06/2031.) carrying a 11.00% p.a. coupon, paid quarterly. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 101.0000 11.0000 1
2026-08-18 101.4200 10.8000 5
2026-08-17 101.2300 10.9400 2
2026-08-14 101.0000 11.0100 3
2026-08-12 100.0900 11.0100 3
2026-08-07 100.6700 10.8700 6
2026-08-06 101.0000 11.0100 1
2026-07-31 100.9600 11.0300 3
2026-07-30 100.9300 11.0400 2
2026-07-29 100.6700 10.8000 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2024-06-04
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-19
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 Utkarsh Small Finance Bank 11.00% Jun 2031 NCD?

Utkarsh Small Finance Bank 11.00% Jun 2031 NCD carries a coupon of 11.00%, paid quarterly, on a face value of ₹100,000.

When does Utkarsh Small Finance Bank 11.00% Jun 2031 NCD mature?

Utkarsh Small Finance Bank 11.00% Jun 2031 NCD matures on 2031-06-28, 4.8 years from today.

What is Utkarsh Small Finance Bank 11.00% Jun 2031 NCD rated?

Utkarsh Small Finance Bank 11.00% Jun 2031 NCD is rated A+ by ICRA. As of 2024-06-04.

Is Utkarsh Small Finance Bank 11.00% Jun 2031 NCD secured?

Utkarsh Small Finance Bank 11.00% Jun 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Utkarsh Small Finance Bank 11.00% Jun 2031 NCD be called or put back early?

Utkarsh Small Finance Bank 11.00% Jun 2031 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does Utkarsh Small Finance Bank 11.00% Jun 2031 NCD currently offer?

The last recorded trade on 2026-08-19 priced Utkarsh Small Finance Bank 11.00% Jun 2031 NCD at ₹101.00, implying a yield to maturity of 11.00%.

More Bonds from This Issuer
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Utkarsh Small Finance Bank 12.50% Jun 2027 NCD
A
Coupon
12.50%
Maturity
26 Jun 2027
U
Utkarsh Small Finance Bank 10.90% Nov 2031 NCD
A
Coupon
10.90%
Maturity
27 Nov 2031
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