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Hero Housing Finance 7.85% Mar 2031 NCD

AA+ Unsecured NCD

Hero Housing Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
7.85%
Per annum
Maturity Date
05 Mar 2031
4.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.85%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+117 bps
vs 4.5Y G-Sec at 6.68% *
Below the median spread for similar-tenor peers
Tenure
4.5 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
5 Mar 2027
Interest Payment
₹78,500.00 / Bond
5 Mar 2028
Interest Payment
₹78,500.00 / Bond
5 Mar 2029
Interest Payment
₹78,500.00 / Bond
5 Mar 2030
Interest Payment
₹78,500.00 / Bond
5 Mar 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) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-06-30 Issued 2021-03-05 Matures 2031-03-05

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.85%
YTM (Annual)
Credit Rating
AA+
(CRISIL)
Remaining Tenure
4.5 Years
Advanced metrics
Modified Duration
3.56 Yrs
Macaulay Duration
3.84 Yrs
Issue Size
₹125 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.56 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
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.15 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
2021-03-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Hero Housing Finance Limited issued this rated, ncd (7.85% UNSECURED LISTED RATED SUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURES. HHFL/NCD/04. DATE OF MATURITY 05/03/2031) carrying a 7.85% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-30 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-02-24
Rating Actions History 1 2026-06-30
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 Hero Housing Finance 7.85% Mar 2031 NCD?

Hero Housing Finance 7.85% Mar 2031 NCD carries a coupon of 7.85%, paid annual, on a face value of ₹1,000,000.

When does Hero Housing Finance 7.85% Mar 2031 NCD mature?

Hero Housing Finance 7.85% Mar 2031 NCD matures on 2031-03-05, 4.5 years from today.

What is Hero Housing Finance 7.85% Mar 2031 NCD rated?

Hero Housing Finance 7.85% Mar 2031 NCD is rated AA+ by CRISIL. As of 2021-02-24.

Is Hero Housing Finance 7.85% Mar 2031 NCD secured?

Hero Housing Finance 7.85% Mar 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer
8
Hero Housing Finance 8.32% Apr 2027 NCD
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Coupon
8.32%
Maturity
29 Apr 2027
8
Hero Housing Finance 8.50% May 2027 NCD
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Coupon
8.50%
Maturity
28 May 2027
8
Hero Housing Finance 8.32% Aug 2027 NCD
AA+
Coupon
8.32%
Maturity
30 Aug 2027
9
Hero Housing Finance 9.50% Dec 2028 NCD
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Coupon
9.50%
Maturity
28 Dec 2028
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