H

Hdb Financial Services 8.40% Dec 2033 NCD

AAA Unsecured NCD

Hdb Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
8.29%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
22 Dec 2033
7.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.29%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+171 bps
vs 7.3Y G-Sec at 6.58%
Below the median spread for similar-tenor peers
Tenure
7.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-06 2026-08-26
Cashflow Timeline
22 Dec 2026
Interest Payment
₹8,400.00 / Bond
22 Dec 2027
Interest Payment
₹8,400.00 / Bond
22 Dec 2028
Interest Payment
₹8,400.00 / Bond
22 Dec 2029
Interest Payment
₹8,400.00 / Bond
22 Dec 2030
Interest Payment
₹8,400.00 / Bond
22 Dec 2031
Interest Payment
₹8,400.00 / Bond
22 Dec 2032
Interest Payment
₹8,400.00 / Bond
22 Dec 2033
Principal Payment
₹100,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-07-22 Rating action: AAA by CRISIL on 2026-07-20 Reaffirmed: AAA by CRISIL on 2026-07-10 Initial rating: AAA by CRISIL on 2026-07-09 Rating action: AAA by CRISIL on 2026-06-25 Issued 2023-12-22 Matures 2033-12-22

5 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.29%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
7.3 Years
Advanced metrics
Modified Duration
5.04 Yrs
Macaulay Duration
5.46 Yrs
Issue Size
₹3,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.04 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 4 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
2023-12-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Hdb Financial Services Limited issued this rated, ncd (8.40% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORINATE TIER 2 BOND SERIES 19 DATE OF MATURITY 22/12/2033) carrying a 8.40% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 5 actions
DateAgencyActionRatingOutlookRationale
2026-07-22 CRISIL Initial AAA View →
2026-07-20 CRISIL Other AAA View →
2026-07-10 CRISIL Reaffirm AAA View →
2026-07-09 CRISIL Initial AAA View →
2026-06-25 CRISIL Other AAA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 100.4900 8.2880 None
2026-08-25 100.4900 8.2880 None
2026-08-13 100.5000 8.2900 1
2026-07-30 99.6700 8.4401 None
2026-07-28 99.6200 8.4500 1
2026-07-16 101.0700 8.1800 1
2026-07-07 99.3400 8.5000 1
2026-07-06 98.0200 8.7500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-08-06
Rating Actions History 5 2026-07-22
Secondary-Market Trades 8 NSE OTC (WAP) 2026-08-26
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 Hdb Financial Services 8.40% Dec 2033 NCD?

Hdb Financial Services 8.40% Dec 2033 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹100,000.

When does Hdb Financial Services 8.40% Dec 2033 NCD mature?

Hdb Financial Services 8.40% Dec 2033 NCD matures on 2033-12-22, 7.3 years from today.

What is Hdb Financial Services 8.40% Dec 2033 NCD rated?

Hdb Financial Services 8.40% Dec 2033 NCD is rated AAA by CRISIL and AAA by CARE. As of 2026-08-05.

Is Hdb Financial Services 8.40% Dec 2033 NCD secured?

Hdb Financial Services 8.40% Dec 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Hdb Financial Services 8.40% Dec 2033 NCD currently offer?

The last recorded trade on 2026-08-26 priced Hdb Financial Services 8.40% Dec 2033 NCD at ₹100.49, implying a yield to maturity of 8.29%.

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