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Lic Housing Finance 7.70% Mar 2031 NCD

AAA Unsecured NCD

LIC Housing Finance Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.79%
Market YTM
Coupon Rate
7.70%
Per annum
Maturity Date
19 Mar 2031
4.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.79%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+116 bps
vs 4.6Y G-Sec at 6.63%
Below the median spread for similar-tenor peers
Tenure
4.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-08-04
Cashflow Timeline
19 Mar 2027
Interest Payment
₹77,000.00 / Bond
19 Mar 2028
Interest Payment
₹77,000.00 / Bond
19 Mar 2029
Interest Payment
₹77,000.00 / Bond
19 Mar 2030
Interest Payment
₹77,000.00 / Bond
19 Mar 2031
Principal Payment
₹1,000,000.00 / Bond

Next 4 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 2021-03-19 Matures 2031-03-19

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

Key Metrics
Coupon Rate
7.70%
YTM (Annual)
7.79%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.6 Years
Advanced metrics
Modified Duration
3.61 Yrs
Macaulay Duration
3.89 Yrs
Issue Size
₹800 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.61 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-04
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.30 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
2021-03-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

LIC Housing Finance Ltd issued this rated, ncd (7.70% UNSECURED RATED LISTED REDEEMABLE SUBORDINATED TIER II BONDS SERIES 2.LETTER OF ALLOTMENT. DATE OF MATURITY 19/03/2031) carrying a 7.70% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-30 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 99.5800 7.7900 1
2026-07-29 96.2700 8.6900 1
2026-07-27 99.7300 7.7500 1
2026-07-22 98.9341 7.9600 None
2026-07-10 99.7300 7.7500 1
2026-06-30 100.6182 7.5200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-03-16
Rating Actions History 1 2026-06-30
Secondary-Market Trades 6 BSE 2026-08-04
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 7.70% Mar 2031 NCD?

Lic Housing Finance 7.70% Mar 2031 NCD carries a coupon of 7.70%, paid annual, on a face value of ₹1,000,000.

When does Lic Housing Finance 7.70% Mar 2031 NCD mature?

Lic Housing Finance 7.70% Mar 2031 NCD matures on 2031-03-19, 4.6 years from today.

What is Lic Housing Finance 7.70% Mar 2031 NCD rated?

Lic Housing Finance 7.70% Mar 2031 NCD is rated AAA by CRISIL. As of 2021-03-16.

Is Lic Housing Finance 7.70% Mar 2031 NCD secured?

Lic Housing Finance 7.70% Mar 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Lic Housing Finance 7.70% Mar 2031 NCD currently offer?

The last recorded trade on 2026-08-04 priced Lic Housing Finance 7.70% Mar 2031 NCD at ₹99.58, implying a yield to maturity of 7.79%.

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