HDFC Bank Completes Issuance of USD 750 Million Senior Unsecured Bonds
HDFC Bank Limited, operating through its GIFT City IFSC Banking Unit, has successfully completed the issuance of USD 750 Million in Senior Unsecured Bonds. The bonds were finalized on June 16, 2026.The proceeds from this bond issue are designated for use in banking activities. These debt instruments are denominated in U S Dollars and carry a senior unsecured ranking.
The notes are expected to receive ratings of Baa3 from Moody's Rating Services and BBB from S&P. The bonds are set for listing on the India International Exchange (IFSC) Limited and NSE IFSC.
Details regarding the bond structure, tenure, and financial terms include:
| Particulars | Details |
|---|---|
| Size of Issue | USD 750,000,000 |
| Tenure | 5 years |
| Allotment Date | June 24, 2026 |
| Date of Maturity | June 24, 2031 |
| Coupon Rate | 5.067% per annum |
| Payment Schedule | Payable on June 24 and December 24 each year, commencing on December 24, 2026 |
| Security/Charge | Unsecured (Senior unsecured ranking) |
The instrument is set to be redeemed at maturity.
HDFCBANK Stock Price Movement
HDFC Bank Limited shares gained 0.95%, climbing ₹7.40 in value and settling at ₹784.90 on Tuesday. The stock saw robust trading activity throughout the session, with a total volume of 27.82 million shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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