L&T Finance 8.65% Dec 2026 NCD (INE027E07BC8)

CARE AAA Secured NCD

L&T Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2026

89 more bonds from L&T Finance Limited →

Current YTM

8.35%

Market YTM

Coupon Rate

8.65%

Per annum

Maturity Date

23 Dec 2026

0.1 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

25 Aug 2026 New rating assigned to AAA CRISIL

Market Position

YTM (Annual)

8.35%

Last traded 6 Nov 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+143 bps

vs 0.1Y G-Sec at 6.92%

Below the median spread for similar-tenor peers

Tenure

0.1 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

19 Oct 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

23 Dec 2026

Final coupon + principal

₹1,086.50 / Bond

₹86.50 coupon + ₹1,000 face value

1 coupon remaining, the last paid with principal at maturity · per ₹1,000 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today

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

Key Metrics

Coupon Rate

8.65%

YTM (Annual)

8.35%

Credit Rating

AAA

(CARE) · rated 25 Sep 2026, 44 days ago

Remaining Tenure

0.1 Years

AAA (CARE): Rated 25 Sep 2026 (44 days ago).

AA+ (India Ratings): On the NSE listing when we first checked it, 28 Jun 2026; the listing doesn't give the agency's rating date.

AAA (CRISIL): Rated 5 Dec 2019 (6 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics

Modified Duration

0.11 Yrs

Macaulay Duration

0.12 Yrs

Issue Size

₹398 Cr

Face Value

₹1,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

0.11 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

6 Nov 2026

NSE CM

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
15 secondary-market trades recorded in the last 30 days.
Coupon is 1.55 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 6 Nov 2026

Issuer

L&T Finance Limited

Instrument Type

NCD

Issue Date

23 Dec 2019

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

L&T Finance Limited issued L&T Finance 8.65% Dec 2026 NCD, a secured, rated NCD. It pays an 8.65% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

4 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

Date	Agency	Rating	Outlook	Status	Source
25 Sep 2026	CARE	AAA	—	Latest	NSE filing →
seen on 28 Jun 2026	India Ratings	AA+	—	Latest	NSE listing
2019	CARE	AAA	—	NSDL record, 2019	NSDL debt master
5 Dec 2019	CRISIL	AAA	—	Latest	NSE filing →

Rating Action History

2 actions

Agency actions on L&T Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-09-25 This bond	CARE	Reaffirm	AAA	Stable	NSE filing →
2026-08-25	CRISIL	Initial	AAA	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on L&T Finance Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-09-25	CARE	Reaffirm This bond	AAA / Stable	NSE filing →
2026-08-25	CRISIL	Initial	AAA / Stable	View →

Alert me about L&T Finance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE027E07BC8: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-11-06	99.9971	8.3536	—
2026-11-04	100.1725	7.0197	—
2026-11-03	99.7352	10.3421	—
2026-11-02	99.6469	10.9685	—
2026-10-28	99.4864	11.8426	—
2026-10-27	99.6771	10.4887	—
2026-10-23	99.7919	9.6317	—
2026-10-22	99.9238	8.4990	—
2026-10-21	99.6193	10.6392	—
2026-10-19	99.3817	11.9838	2

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	4	CARE, CRISIL, India Ratings	2026-09-25
Rating Actions History	2	—	2026-09-25
Secondary-Market Trades	10	NSE CM	2026-11-06
Reg52(4) Payment Disclosures	0	—	—

Documents

Entity metadata

Source: NSDL debt master
Last Updated: 6 Nov 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.

₹999.97

YTM8.35%

Trade Date 6 Nov 2026 2d ago

SourceNSE CM

Accrued interest (est.)₹76.07

Dirty price (est.)₹1,076.04

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on L&T Finance 8.65% Dec 2026 NCD?

L&T Finance 8.65% Dec 2026 NCD carries a coupon of 8.65%, paid annual, on a face value of ₹1,000.

When does L&T Finance 8.65% Dec 2026 NCD mature?

L&T Finance 8.65% Dec 2026 NCD matures on 23 Dec 2026, 0.1 years from today.

What is L&T Finance 8.65% Dec 2026 NCD rated?

L&T Finance 8.65% Dec 2026 NCD is rated AAA by CARE (rating dated 25 Sep 2026), AA+ by India Ratings (rating dated 28 Jun 2026), and AAA by CRISIL (rating dated 5 Dec 2019).

Is L&T Finance 8.65% Dec 2026 NCD secured?

L&T Finance 8.65% Dec 2026 NCD is a secured bond.

What yield does L&T Finance 8.65% Dec 2026 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced L&T Finance 8.65% Dec 2026 NCD at ₹999.97 per bond, implying a yield to maturity of 8.35%.

More Bonds from This Issuer

L&T Finance 8.15% Nov 2026 NCD

INE235P07571

AAA NSDL record, 2016

Coupon

8.15%

Maturity

13 Nov 2026

View Details

L&T Finance 7.95% Nov 2026 NCD

INE691I07DW6

AAA

Coupon

7.95%

Maturity

16 Nov 2026

View Details

L&T Finance 8.50% Dec 2026 NCD

INE027E07BB0

AAA

Coupon

8.50%

Maturity

23 Dec 2026

View Details

L&T Finance 8.05% Jan 2027 NCD

INE691I08487

AAA

Coupon

8.05%

Maturity

04 Jan 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2026

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.65%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE148I07XG8	Sammaan Capital Limited	AA	8.65%	2027-08-01
INE306N07LM5	Tata Capital Limited	AAA NSDL record, 2019	8.65%	2027-08-26
INE039A09OA4	IFCI Limited	B+	8.75%	2026-12-12
INE721A07PK7	Shriram Finance Limited	AA+	8.75%	2027-01-28
INE180C07189	Capri Global Capital Limited	AA NSDL record, 2025	8.55%	2027-04-13
INE477L07AO7	IIFL Home Finance Limited	AA	8.50%	2027-01-03

← Back to screener