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Cholamandalam Investment And… 7.94% Mar 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
7.94%
Per annum
Maturity Date
20 Mar 2029
2.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
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
+201 bps
vs 2.6Y G-Sec at 6.25%
Below the median spread for similar-tenor peers
Tenure
2.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-01 2026-08-21
Cashflow Timeline
20 Mar 2027
Interest Payment
₹7,940.00 / Bond
20 Mar 2028
Interest Payment
₹7,940.00 / Bond
20 Mar 2029
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 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 2026-03-20 Matures 2029-03-20

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

Key Metrics
Coupon Rate
7.94%
YTM (Annual)
8.26%
Credit Rating
AA+
(ICRA)
Remaining Tenure
2.6 Years
Advanced metrics
Modified Duration
2.16 Yrs
Macaulay Duration
2.34 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.16 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-21
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.06 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
2026-03-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Cholamandalam Investment and Finance Company Limited, 7.94% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 662 DATE OF MATURITY 20/03/2029 is a secured, rated, ncd paying a 7.94% p.a. coupon annual. The instrument 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 99.1875 8.2600 None
2026-08-12 100.0900 7.8600 1
2026-08-11 99.8848 7.9500 None
2026-07-03 100.0000 7.9055 None
2026-07-01 100.0135 7.9000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-02-23
Rating Actions History 3 2026-08-06
Secondary-Market Trades 5 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… 7.94% Mar 2029 NCD?

Cholamandalam Investment And… 7.94% Mar 2029 NCD carries a coupon of 7.94%, paid annual, on a face value of ₹100,000.

When does Cholamandalam Investment And… 7.94% Mar 2029 NCD mature?

Cholamandalam Investment And… 7.94% Mar 2029 NCD matures on 2029-03-20, 2.6 years from today.

What is Cholamandalam Investment And… 7.94% Mar 2029 NCD rated?

Cholamandalam Investment And… 7.94% Mar 2029 NCD is rated AA+ by ICRA. As of 2026-02-23.

Is Cholamandalam Investment And… 7.94% Mar 2029 NCD secured?

Cholamandalam Investment And… 7.94% Mar 2029 NCD is a secured bond.

What yield does Cholamandalam Investment And… 7.94% Mar 2029 NCD currently offer?

The last recorded trade on 2026-08-21 priced Cholamandalam Investment And… 7.94% Mar 2029 NCD at ₹99.19, implying a yield to maturity of 8.26%.

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