C

Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD

AA+ Secured NCD

Cholamandalam Invt. and Fin. Co.ltd

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
6.28%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
04 May 2028
1.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
6.28%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+85 bps
vs 1.7Y G-Sec at 5.43%
Below the median spread for similar-tenor peers
Tenure
1.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-09 2026-08-25
Cashflow Timeline
4 May 2027
Interest Payment
₹84.00 / Bond
4 May 2028
Principal Payment
₹1,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-05-04 Matures 2028-05-04
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
6.28%
Credit Rating
AA+
(ICRA)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.51 Yrs
Macaulay Duration
1.60 Yrs
Issue Size
₹440 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.51 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-25
NSE CM
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.60 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
2023-05-04
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Cholamandalam Invt. and Fin. Co.ltd, 8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 5 DATE OF MATURITY 04/05/2028 is a secured, rated, ncd paying a 8.40% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 103.3400 6.2784 None
2026-08-17 103.3800 6.2792 None
2026-08-13 102.5000 6.8282 None
2026-07-30 100.0000 8.3866 100
2026-07-23 102.5000 6.8737 None
2026-07-17 100.3000 8.2047 None
2026-07-16 102.8000 6.7127 None
2026-07-15 101.8970 7.2478 None
2026-07-10 101.8970 7.2563 380
2026-07-09 101.8970 7.2580 173
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-25
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 Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD?

Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹1,000.

When does Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD mature?

Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD matures on 2028-05-04, 1.7 years from today.

What is Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD rated?

Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD is rated AA+ by ICRA and AA+ by INDIA_RATINGS. As of 2026-06-28.

Is Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD secured?

Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD is a secured bond.

What yield does Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Cholamandalam Invt. and Fin.… 8.40% May 2028 NCD at ₹103.34, implying a yield to maturity of 6.28%.

More Bonds from This Issuer
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Cholamandalam Invt. and Fi… ZC May 2028 NCD
AA+
Coupon
Maturity
04 May 2028
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