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Lic Housing Finance 8.75% Dec 2028 NCD

AAA Secured NCD

LIC Housing Finance Ltd

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.03%
Market YTM
Coupon Rate
8.75%
Per annum
Maturity Date
08 Dec 2028
2.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.03%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+266 bps
vs 2.3Y G-Sec at 4.37%
Below the median spread for similar-tenor peers
Tenure
2.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-21
Cashflow Timeline
10 Dec 2026
Interest Payment
₹87,500.00 / Bond
10 Dec 2027
Interest Payment
₹87,500.00 / Bond
8 Dec 2028
Principal Payment
₹1,000,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-06-30 Issued 2018-12-10 Matures 2028-12-08

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

Key Metrics
Coupon Rate
8.75%
YTM (Annual)
7.03%
Credit Rating
AAA
(CARE)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
1.91 Yrs
Macaulay Duration
2.05 Yrs
Issue Size
₹1,606 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-21
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2018-12-10
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by LIC Housing Finance Ltd, 8.75% SECURED RATED LISTED NON CONVERTIBLE REDEEMABLE DEBENTURES TRANCHE 372 OPTION 2. LETTER OF ALLOTMENT. DATE OF MATURITY 08/12/2028 is a secured, rated, ncd paying a 8.75% 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
2026-06-30 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-21 103.4700 7.0300 1
2026-08-20 102.2599 7.6000 1
2026-08-13 100.3000 8.8300 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2018-12-06
Rating Actions History 1 2026-06-30
Secondary-Market Trades 3 BSE 2026-08-21
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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.

Frequently Asked Questions
What is the coupon rate on Lic Housing Finance 8.75% Dec 2028 NCD?

Lic Housing Finance 8.75% Dec 2028 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹1,000,000.

When does Lic Housing Finance 8.75% Dec 2028 NCD mature?

Lic Housing Finance 8.75% Dec 2028 NCD matures on 2028-12-08, 2.3 years from today.

What is Lic Housing Finance 8.75% Dec 2028 NCD rated?

Lic Housing Finance 8.75% Dec 2028 NCD is rated AAA by CARE. As of 2018-12-06.

Is Lic Housing Finance 8.75% Dec 2028 NCD secured?

Lic Housing Finance 8.75% Dec 2028 NCD is a secured bond.

Can Lic Housing Finance 8.75% Dec 2028 NCD be called or put back early?

Lic Housing Finance 8.75% Dec 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Lic Housing Finance 8.75% Dec 2028 NCD currently offer?

The last recorded trade on 2026-08-21 priced Lic Housing Finance 8.75% Dec 2028 NCD at ₹103.47, implying a yield to maturity of 7.03%.

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Maturity
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