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Cholamandalam Investment and… 8.60% Jan 2029 NCD

AA+ Secured NCD

Cholamandalam Investment and Finance Company Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
8.26%
Market YTM
Coupon Rate
8.60%
Per annum
Maturity Date
31 Jan 2029
2.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
8.26%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+189 bps
vs 2.4Y G-Sec at 6.37%
Below the median spread for similar-tenor peers
Tenure
2.4 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
31 Jan 2027
Interest Payment
₹86.00 / Bond
31 Jan 2028
Interest Payment
₹86.00 / Bond
31 Jan 2029
Principal Payment
₹1,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ 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 Issued 2024-01-31 Matures 2029-01-31

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

Key Metrics
Coupon Rate
8.60%
YTM (Annual)
8.26%
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
2.4 Years
Advanced metrics
Modified Duration
2.02 Yrs
Macaulay Duration
2.19 Yrs
Issue Size
₹786 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
2.02 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-21
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.40 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
2024-01-31
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Cholamandalam Investment and Finance Company Limited issued this secured, rated, ncd (8.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES V TRANCHE IV DATE OF MATURITY 31/01/2029) carrying a 8.60% p.a. coupon, paid annual. It 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
2026-08-21 100.6226 8.2600 None
2026-08-20 100.7500 8.2000 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2024-01-02
Rating Actions History 3 2026-08-06
Secondary-Market Trades 2 NSE OTC (WAP) 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 Cholamandalam Investment and… 8.60% Jan 2029 NCD?

Cholamandalam Investment and… 8.60% Jan 2029 NCD carries a coupon of 8.60%, paid annual, on a face value of ₹1,000.

When does Cholamandalam Investment and… 8.60% Jan 2029 NCD mature?

Cholamandalam Investment and… 8.60% Jan 2029 NCD matures on 2029-01-31, 2.4 years from today.

What is Cholamandalam Investment and… 8.60% Jan 2029 NCD rated?

Cholamandalam Investment and… 8.60% Jan 2029 NCD is rated AA+ by INDIA_RATINGS. As of 2024-01-02.

Is Cholamandalam Investment and… 8.60% Jan 2029 NCD secured?

Cholamandalam Investment and… 8.60% Jan 2029 NCD is a secured bond.

What yield does Cholamandalam Investment and… 8.60% Jan 2029 NCD currently offer?

The last recorded trade on 2026-08-21 priced Cholamandalam Investment and… 8.60% Jan 2029 NCD at ₹100.62, implying a yield to maturity of 8.26%.

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