H
AA+ Unsecured NCD

Hero Fincorp Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2030

Current YTM
8.67%
Market YTM
Coupon Rate
7.65%
Per annum
Maturity Date
11 Dec 2030
4.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.67%
Live, last traded 2026-07-08
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+284 bps
vs 4.3Y G-Sec at 5.83%
Above the median spread for similar-tenor peers
Tenure
4.3 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
11 Dec 2026
Interest Payment
₹76,500.00 / Bond
11 Dec 2027
Interest Payment
₹76,500.00 / Bond
11 Dec 2028
Interest Payment
₹76,500.00 / Bond
11 Dec 2029
Interest Payment
₹76,500.00 / Bond
11 Dec 2030
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) ┊ Today
Today Issued 2020-12-11 Matures 2030-12-11
Key Metrics
Coupon Rate
7.65%
YTM (Annual)
8.67%
Credit Rating
AA+
(ICRA)
Remaining Tenure
4.3 Years
Advanced metrics
Modified Duration
3.32 Yrs
Macaulay Duration
3.61 Yrs
Issue Size
₹250 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.32 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-08
BSE
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 2.35 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
2020-12-11
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.65% UNSECURED RATED LISTED SUBORDINATED TIER II REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/042. DATE OF MATURITY 11/12/2030. is a rated, redeemable ncd issued by Hero Fincorp Limited. The bond offers a fixed coupon of 7.65% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-08 96.3000 8.6700 1
2026-07-02 93.9300 9.3500 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2020-12-07
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-07-08
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 7.65% Dec 2030 NCD?

Hero Fincorp 7.65% Dec 2030 NCD carries a coupon of 7.65%, paid annual, on a face value of ₹1,000,000.

When does Hero Fincorp 7.65% Dec 2030 NCD mature?

Hero Fincorp 7.65% Dec 2030 NCD matures on 2030-12-11, 4.3 years from today.

What is Hero Fincorp 7.65% Dec 2030 NCD rated?

Hero Fincorp 7.65% Dec 2030 NCD is rated AA+ by ICRA. As of 2020-12-07.

Is Hero Fincorp 7.65% Dec 2030 NCD secured?

Hero Fincorp 7.65% Dec 2030 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Hero Fincorp 7.65% Dec 2030 NCD currently offer?

The last recorded trade on 2026-07-08 priced Hero Fincorp 7.65% Dec 2030 NCD at ₹96.30, implying a yield to maturity of 8.67%.

More Bonds from This Issuer
8
Hero Fincorp 8.89% Oct 2026 NCD
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Coupon
8.89%
Maturity
06 Oct 2026
8
Hero Fincorp 8.40% Dec 2026 NCD
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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
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Coupon
7.60%
Maturity
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