diff --git a/cloudinit/sources/helpers/openstack.py b/cloudinit/sources/helpers/openstack.py
index 69a35db7241..70998dda2ee 100644
--- a/cloudinit/sources/helpers/openstack.py
+++ b/cloudinit/sources/helpers/openstack.py
@@ -672,7 +672,14 @@ def convert_net_json(network_json=None, known_macs=None):
                 if k == "bond_links":
                     continue
                 elif k.startswith("bond"):
-                    params.update({k: v})
+                    # There is a difference in key name formatting for
+                    # bond parameters in the cloudinit and OpenStack
+                    # network schemas. The keys begin with 'bond-' in the
+                    # cloudinit schema but 'bond_' in OpenStack
+                    # network_data.json schema. Translate them to what
+                    # is expected by cloudinit.
+                    translated_key = "bond-{}".format(k.split("bond_", 1)[-1])
+                    params.update({translated_key: v})
 
             # openstack does not provide a name for the bond.
             # they do provide an 'id', but that is possibly non-sensical.
diff --git a/tests/unittests/sources/helpers/test_openstack.py b/tests/unittests/sources/helpers/test_openstack.py
index 312d66a0186..7ae164140a0 100644
--- a/tests/unittests/sources/helpers/test_openstack.py
+++ b/tests/unittests/sources/helpers/test_openstack.py
@@ -192,15 +192,14 @@ def test_bond_mac(self):
                     "name": "bond0",
                     "mac_address": "xx:xx:xx:xx:xx:00",
                     "params": {
-                        "bond_miimon": 100,
-                        "bond_mode": "802.3ad",
-                        "bond_xmit_hash_policy": "layer3+4",
+                        "bond-miimon": 100,
+                        "bond-mode": "802.3ad",
+                        "bond-xmit_hash_policy": "layer3+4",
                     },
                     "subnets": [],
                     "type": "bond",
                 },
                 {
-                    "mac_address": "xx:xx:xx:xx:xx:00",
                     "name": "bond0.123",
                     "subnets": [
                         {