L
AAA Secured NCD

L&t Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
8.85%
Per annum
Maturity Date
15 Apr 2027
0.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~8.85%
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
+314 bps
vs 0.6Y G-Sec at 5.71% *
Below the median spread for similar-tenor peers
Tenure
0.6 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
Principal Payment
₹1,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-25 Issued 2019-04-15 Matures 2027-04-15

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

Key Metrics
Coupon Rate
8.85%
YTM (Annual)
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
0.6 Years
Advanced metrics
Modified Duration
0.58 Yrs
Macaulay Duration
0.63 Yrs
Issue Size
₹11 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
0.58 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
Callable
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.15 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2019-04-15
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by L&t Finance Limited, 8.85% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES VI ? OPTION I. LETTER OF ALLOTMENT. DATE OF MATURITY ? 15/04/2027 is a secured, rated, ncd paying a 8.85% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Initial AAA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2019-03-25
Rating Actions History 1 2026-08-25
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on L&t Finance 8.85% Apr 2027 NCD?

L&t Finance 8.85% Apr 2027 NCD carries a coupon of 8.85%, paid annual, on a face value of ₹1,000.

When does L&t Finance 8.85% Apr 2027 NCD mature?

L&t Finance 8.85% Apr 2027 NCD matures on 2027-04-15, 0.6 years from today.

What is L&t Finance 8.85% Apr 2027 NCD rated?

L&t Finance 8.85% Apr 2027 NCD is rated AAA by INDIA_RATINGS. As of 2019-03-25.

Is L&t Finance 8.85% Apr 2027 NCD secured?

L&t Finance 8.85% Apr 2027 NCD is a secured bond.

Can L&t Finance 8.85% Apr 2027 NCD be called or put back early?

L&t Finance 8.85% Apr 2027 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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