HDFC Bank Completes $1.75 Billion Senior Unsecured Bond Issue

HDFC Bank Limited, through its GIFT City Branch, has successfully completed the issuance of US$ 1,750 million in Senior Unsecured Bonds. The issuance comprises two tranches: US$ 500 million with a 3-year tenor and a 5.159% coupon, and US$ 1,250 million with a 5-year tenor and a 5.401% coupon. These bonds are rated Baa3 (Stable) by Moody's and BBB (Stable) by S&P. They are listed on India INX and NSE International Exchange. The settlement date is August 26, 2026, with maturity dates in 2029 and 2031 respectively. This move strengthens the bank's long-term funding profile.