E

Equitas Small Finance Bank 9.20% Mar 2035 NCD

AA Unsecured NCD

Equitas Small Finance Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2035

Current YTM
8.73%
Market YTM
Coupon Rate
9.20%
Per annum
Maturity Date
28 Mar 2035
8.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.73%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+222 bps
vs 8.6Y G-Sec at 6.51%
Above the median spread for similar-tenor peers
Tenure
8.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-24 2026-08-19
Cashflow Timeline
28 Mar 2027
Interest Payment
₹9,200.00 / Bond
28 Mar 2028
Interest Payment
₹9,200.00 / Bond
28 Mar 2029
Interest Payment
₹9,200.00 / Bond
28 Mar 2030
Interest Payment
₹9,200.00 / Bond
28 Mar 2031
Interest Payment
₹9,200.00 / Bond
28 Mar 2032
Interest Payment
₹9,200.00 / Bond
28 Mar 2033
Interest Payment
₹9,200.00 / Bond
28 Mar 2034
Interest Payment
₹9,200.00 / Bond
28 Mar 2035
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: A1 by CRISIL on 2026-06-19 Issued 2025-03-28 Matures 2035-03-28

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

Key Metrics
Coupon Rate
9.20%
YTM (Annual)
8.73%
Credit Rating
AA
(CARE)
Remaining Tenure
8.6 Years
Advanced metrics
Modified Duration
5.62 Yrs
Macaulay Duration
6.11 Yrs
Issue Size
₹800 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.62 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-19
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 0.80 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-03-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Equitas Small Finance Bank Limited issued this rated, ncd (AUSFBL-920%-28-03-35-PVT) carrying a 9.20% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-19 CRISIL Reaffirm A1 View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 101.6095 8.7348 1
2026-08-14 101.0560 8.8087 None
2026-08-10 101.0260 8.8200 None
2026-08-06 100.9654 8.8400 None
2026-07-27 102.9800 8.2000 None
2026-07-24 102.0877 8.4800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-04-30
Rating Actions History 1 2026-06-19
Secondary-Market Trades 6 NSE OTC (WAP) 2026-08-19
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Equitas Small Finance Bank 9.20% Mar 2035 NCD?

Equitas Small Finance Bank 9.20% Mar 2035 NCD carries a coupon of 9.20%, paid annual, on a face value of ₹100,000.

When does Equitas Small Finance Bank 9.20% Mar 2035 NCD mature?

Equitas Small Finance Bank 9.20% Mar 2035 NCD matures on 2035-03-28, 8.6 years from today.

What is Equitas Small Finance Bank 9.20% Mar 2035 NCD rated?

Equitas Small Finance Bank 9.20% Mar 2035 NCD is rated AA by CARE. As of 2025-04-30.

Is Equitas Small Finance Bank 9.20% Mar 2035 NCD secured?

Equitas Small Finance Bank 9.20% Mar 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Equitas Small Finance Bank 9.20% Mar 2035 NCD trade?

Equitas Small Finance Bank 9.20% Mar 2035 NCD is listed on BSE.

What yield does Equitas Small Finance Bank 9.20% Mar 2035 NCD currently offer?

The last recorded trade on 2026-08-19 priced Equitas Small Finance Bank 9.20% Mar 2035 NCD at ₹101.61, implying a yield to maturity of 8.73%.

More Bonds from This Issuer
E
Equitas Small Finance Bank 11.25% May 2029 NCD
Coupon
11.25%
Maturity
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Equitas Small Finance Bank 9.60% Jul 2030 NCD
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Maturity
31 Jul 2030
E
Equitas Small Finance Bank 9.60% Dec 2030 NCD
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Coupon
9.60%
Maturity
05 Dec 2030
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Equitas Small Finance Bank 9.30% Aug 2032 NCD
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Coupon
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Maturity
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