L
Secured NCD

L&t Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
7.59%
Per annum
Maturity Date
29 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.59%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+234 bps
vs 1.8Y G-Sec at 5.25% *
Below the median spread for similar-tenor peers
Tenure
1.8 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
15 Apr 2027
Interest Payment
₹7,593.40 / Bond
15 Apr 2028
Interest Payment
₹7,593.40 / Bond
29 Jun 2028
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-25 Issued 2025-04-15 Matures 2028-06-29

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.59%
YTM (Annual)
Credit Rating
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.64 Yrs
Macaulay Duration
1.76 Yrs
Issue Size
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No public credit rating is available for this bond.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.41 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 27 Jun 2026
Instrument Type
NCD
Issue Date
2025-04-15
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

L&t Finance Limited issued this secured, ncd (7.5934% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES A OPTION 2 DATE OF MATURITY 29/06/2028) carrying a 7.59% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Initial AAA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-25
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No public credit rating on file for this bond.
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
27 Jun 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.

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