H
AA+ Unsecured NCD

Hero Fincorp Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
9.00%
Market YTM
Coupon Rate
9.81%
Per annum
Maturity Date
24 Nov 2028
2.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
9.00%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+446 bps
vs 2.2Y G-Sec at 4.54%
Above the median spread for similar-tenor peers
Tenure
2.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-30 2026-08-25
Cashflow Timeline
6 Dec 2026
Interest Payment
₹98,100.00 / Bond
6 Dec 2027
Interest Payment
₹98,100.00 / Bond
24 Nov 2028
Principal Payment
₹1,000,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2018-12-06 Matures 2028-11-24
Key Metrics
Coupon Rate
9.81%
YTM (Annual)
9.00%
Credit Rating
AA+
(ICRA)
Remaining Tenure
2.2 Years
Advanced metrics
Modified Duration
1.82 Yrs
Macaulay Duration
1.98 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.82 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-25
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.19 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
2018-12-06
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

9.81% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 030. DATE OF MATURITY 24/11/2028 is a rated, redeemable ncd issued by Hero Fincorp Limited. The bond offers a fixed coupon of 9.81% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 101.5000 9.0000 2
2026-08-13 99.9400 9.7900 1
2026-07-30 99.6000 9.9500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2018-11-22
Rating Actions History 0
Secondary-Market Trades 3 BSE 2026-08-25
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 Hero Fincorp 9.81% Nov 2028 NCD?

Hero Fincorp 9.81% Nov 2028 NCD carries a coupon of 9.81%, paid annual, on a face value of ₹1,000,000.

When does Hero Fincorp 9.81% Nov 2028 NCD mature?

Hero Fincorp 9.81% Nov 2028 NCD matures on 2028-11-24, 2.2 years from today.

What is Hero Fincorp 9.81% Nov 2028 NCD rated?

Hero Fincorp 9.81% Nov 2028 NCD is rated AA+ by ICRA. As of 2018-11-22.

Is Hero Fincorp 9.81% Nov 2028 NCD secured?

Hero Fincorp 9.81% Nov 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Hero Fincorp 9.81% Nov 2028 NCD be called or put back early?

Hero Fincorp 9.81% Nov 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Hero Fincorp 9.81% Nov 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Hero Fincorp 9.81% Nov 2028 NCD at ₹101.50, implying a yield to maturity of 9.00%.

More Bonds from This Issuer
8
Hero Fincorp 8.89% Oct 2026 NCD
AA+
Coupon
8.89%
Maturity
06 Oct 2026
8
Hero Fincorp 8.40% Dec 2026 NCD
AA+
Coupon
8.40%
Maturity
04 Dec 2026
8
Hero Fincorp 8.70% Dec 2026 NCD
AA+
Coupon
8.70%
Maturity
31 Dec 2026
7
Hero Fincorp 7.60% May 2027 NCD
AA+
Coupon
7.60%
Maturity
04 May 2027
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