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Cholamandalam Investment and… 8.40% Aug 2028 NCD

AA+ Secured NCD

Cholamandalam Investment and Finance Company Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
7.47%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
09 Aug 2028
1.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
7.47%
Live, last traded 2026-08-10
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+239 bps
vs 1.9Y G-Sec at 5.07%
Below the median spread for similar-tenor peers
Tenure
1.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-08-10
Cashflow Timeline
9 Aug 2027
Interest Payment
₹84.00 / Bond
9 Aug 2028
Principal Payment
₹1,000.00 / Bond

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

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-09 Interest ₹739,500,000.00 ₹739,500,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Reaffirmed: by CRISIL on 2026-08-06 Reaffirmed: by CRISIL on 2026-08-05 Initial rating: AAA by CRISIL on 2026-08-03 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-09 Issued 2023-08-09 Matures 2028-08-09

3 rating actions on file since issue — hover a dot for detail.

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics
Coupon Rate
8.40%
YTM (Annual)
7.47%
Credit Rating
AA+
(ICRA)
Remaining Tenure
1.9 Years
Advanced metrics
Modified Duration
1.74 Yrs
Macaulay Duration
1.87 Yrs
Issue Size
₹896 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.74 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-10
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
2023-08-09
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES V TRANCHE II DATE OF MATURITY 09/08/2028 is a secured, rated, redeemable ncd issued by Cholamandalam Investment and Finance Company Limited. The bond offers a fixed coupon of 8.40% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Reaffirm View →
2026-08-05 CRISIL Reaffirm View →
2026-08-03 CRISIL Initial AAA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-10 101.7000 7.4678 None
2026-08-07 101.6850 7.4792 None
2026-08-06 101.7000 7.4720 None
2026-08-05 101.7000 7.4730 None
2026-08-04 102.0000 7.3128 175
2026-08-03 102.5000 7.0472 None
2026-07-29 103.0000 6.7895 None
2026-07-28 108.0000 4.2450 None
2026-07-16 108.5000 4.0624 None
2026-06-30 108.1900 4.2917 270
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2026-06-28
Rating Actions History 3 2026-08-06
Secondary-Market Trades 10 NSE CM 2026-08-10
Reg52(4) Payment Disclosures 1 NSE 2026-08-09
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 Investment and… 8.40% Aug 2028 NCD?

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

When does Cholamandalam Investment and… 8.40% Aug 2028 NCD mature?

Cholamandalam Investment and… 8.40% Aug 2028 NCD matures on 2028-08-09, 1.9 years from today.

What is Cholamandalam Investment and… 8.40% Aug 2028 NCD rated?

Cholamandalam Investment and… 8.40% Aug 2028 NCD is rated AA+ by ICRA and AA+ by INDIA_RATINGS. As of 2023-07-17.

Is Cholamandalam Investment and… 8.40% Aug 2028 NCD secured?

Cholamandalam Investment and… 8.40% Aug 2028 NCD is a secured bond.

What yield does Cholamandalam Investment and… 8.40% Aug 2028 NCD currently offer?

The last recorded trade on 2026-08-10 priced Cholamandalam Investment and… 8.40% Aug 2028 NCD at ₹101.70, implying a yield to maturity of 7.47%.

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