HDFC Bank has completed the issuance of USD 750 million senior unsecured bonds through its GIFT City IFSC Banking Unit on June 16, 2026. The five-year bonds carry a coupon rate of 5.067% per annum, with interest payments scheduled semi-annually on June 24 and December 24 each year, commencing December 24, 2026. The notes will mature on June 24, 2031, and the proceeds are earmarked for banking activities.

The issued notes are unsecured and rank senior in the capital structure. They are expected to receive a rating of Baa3 by Moody’s Rating Services and BBB by S&P. The bonds will be listed on the India International Exchange (IFSC) Limited and NSE IFSC, providing access to international investors.

Key Details of the Issuance

The bank confirmed that there are no special rights, interests, or privileges attached to the instrument. Redemption of the bonds will occur at maturity. The disclosure was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

HDFC Bank witnessed seventeen significant block trades on the National Stock Exchange (NSE), drawing sustained attention from market participants. The transactions involved large share quantities executed at prices ranging from Rs. 737.30 to Rs. 790.25 per share, reflecting notable institutional-level activity in the stock.

NSE Block Trade Details

The seventeen block trades recorded for HDFC Bank on the NSE are summarised below:

The first block trade was executed for approximately 5,13,237 shares at Rs. 768.85 per share, aggregating to Rs. 39.46 crores. The second trade involved approximately 6,33,335 shares transacted at Rs. 771.40 per share, amounting to Rs. 48.86 crores. The third trade comprised approximately 2,80,979 shares executed at Rs. 760.25 per share, totalling Rs. 21.36 crores. The fourth trade was recorded for approximately 3,36,247 shares at Rs. 757.95 per share, amounting to Rs. 25.49 crores. The fifth trade involved approximately 3,14,911 shares executed at Rs. 744.95 per share, aggregating to Rs. 23.46 crores. The sixth trade comprised approximately 5,16,791 shares executed at Rs. 751.50 per share, totalling Rs. 38.84 crores. The seventh trade involved approximately 12,87,854 shares executed at Rs. 748.70 per share, aggregating to Rs. 96.42 crores. The eighth trade comprised approximately 3,00,602 shares executed at Rs. 746.70 per share, totalling Rs. 22.45 crores. The ninth trade was executed for approximately 8,78,809 shares at Rs. 748.05 per share, aggregating to Rs. 65.74 crores. The tenth trade was executed for approximately 4,35,182 shares at Rs. 738.00 per share, aggregating to Rs. 32.12 crores. The eleventh trade was executed for approximately 3,23,710 shares at Rs. 739.55 per share, aggregating to Rs. 23.94 crores. The twelfth trade was executed for approximately 4,20,570 shares at Rs. 737.30 per share, aggregating to Rs. 31.01 crores. The thirteenth trade was executed for approximately 3,69,545 shares at Rs. 739.15 per share, aggregating to Rs. 27.31 crores. The fourteenth trade was executed for approximately 11,90,557 shares at Rs. 740.70 per share, aggregating to Rs. 88.18 crores. The fifteenth trade was executed for approximately 5,09,043 shares at Rs. 749.95 per share, aggregating to Rs. 38.18 crores. The sixteenth trade was executed for approximately 2,36,043 shares at Rs. 790.25 per share, aggregating to Rs. 18.65 crores. The seventeenth and latest trade was executed for approximately 2,44,290 shares at Rs. 789.90 per share, aggregating to Rs. 19.30 crores. All seventeen trades were conducted on the NSE platform.

Key Highlights

• Trade 1: Rs. 39.46 crores | ~5,13,237 shares | Rs. 768.85 per share
• Trade 2: Rs. 48.86 crores | ~6,33,335 shares | Rs. 771.40 per share
• Trade 3: Rs. 21.36 crores | ~2,80,979 shares | Rs. 760.25 per share
• Trade 4: Rs. 25.49 crores | ~3,36,247 shares | Rs. 757.95 per share
• Trade 5: Rs. 23.46 crores | ~3,14,911 shares | Rs. 744.95 per share
• Trade 6: Rs. 38.84 crores | ~5,16,791 shares | Rs. 751.50 per share
• Trade 7: Rs. 96.42 crores | ~12,87,854 shares | Rs. 748.70 per share
• Trade 8: Rs. 22.45 crores | ~3,00,602 shares | Rs. 746.70 per share
• Trade 9: Rs. 65.74 crores | ~8,78,809 shares | Rs. 748.05 per share
• Trade 10: Rs. 32.12 crores | ~4,35,182 shares | Rs. 738.00 per share
• Trade 11: Rs. 23.94 crores | ~3,23,710 shares | Rs. 739.55 per share
• Trade 12: Rs. 31.01 crores | ~4,20,570 shares | Rs. 737.30 per share
• Trade 13: Rs. 27.31 crores | ~3,69,545 shares | Rs. 739.15 per share
• Trade 14: Rs. 88.18 crores | ~11,90,557 shares | Rs. 740.70 per share
• Trade 15: Rs. 38.18 crores | ~5,09,043 shares | Rs. 749.95 per share
• Trade 16: Rs. 18.65 crores | ~2,36,043 shares | Rs. 790.25 per share
• Trade 17: Rs. 19.30 crores | ~2,44,290 shares | Rs. 789.90 per share
• All seventeen trades executed on the National Stock Exchange (NSE)

Block trades of this scale are typically associated with institutional investors and are executed outside the regular order book to minimise market impact. The pricing across all seventeen transactions, spanning a range of Rs. 737.30 to Rs. 790.25 per share, underscores continued institutional interest in HDFC Bank shares.