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Cholamandalam Investment and… 9.05% Jul 2031 NCD

AAA Unsecured NCD

Cholamandalam Investment and Finance Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
8.90%
Market YTM
Coupon Rate
9.05%
Per annum
Maturity Date
01 Jul 2031
4.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹500,000
Per Bond
Market Position
YTM (Annual)
8.90%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+239 bps
vs 4.8Y G-Sec at 6.51%
Below the median spread for similar-tenor peers
Tenure
4.8 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
30 Jun 2027
Interest Payment
₹45,250.00 / Bond
30 Jun 2028
Interest Payment
₹45,250.00 / Bond
30 Jun 2029
Interest Payment
₹45,250.00 / Bond
30 Jun 2030
Interest Payment
₹45,250.00 / Bond
30 Jun 2031
Interest Payment
₹45,250.00 / Bond
1 Jul 2031
Principal Payment
₹500,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹500,000 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 2021-06-30 Matures 2031-07-01

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

Key Metrics
Coupon Rate
9.05%
YTM (Annual)
8.90%
Credit Rating
AAA
(ICRA)
Remaining Tenure
4.8 Years
Advanced metrics
Modified Duration
3.74 Yrs
Macaulay Duration
4.08 Yrs
Issue Size
₹40 Cr
Minimum Investment
₹500,000
(1 Bond)
Market Characteristics
Modified Duration
3.74 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-21
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 0.95 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2021-06-30
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Cholamandalam Investment and Finance Company Limited issued this rated, ncd (CIFCL- 9.05%-PERP-PVT) carrying a 9.05% 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
2026-08-21 100.5100 8.9000 1
2026-08-12 98.1100 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2021-07-31
Rating Actions History 3 2026-08-06
Secondary-Market Trades 2 BSE 2026-08-21
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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… 9.05% Jul 2031 NCD?

Cholamandalam Investment and… 9.05% Jul 2031 NCD carries a coupon of 9.05%, paid annual, on a face value of ₹500,000.

When does Cholamandalam Investment and… 9.05% Jul 2031 NCD mature?

Cholamandalam Investment and… 9.05% Jul 2031 NCD matures on 2031-07-01, 4.8 years from today.

What is Cholamandalam Investment and… 9.05% Jul 2031 NCD rated?

Cholamandalam Investment and… 9.05% Jul 2031 NCD is rated AAA by ICRA and AA by INDIA_RATINGS. As of 2021-07-31.

Is Cholamandalam Investment and… 9.05% Jul 2031 NCD secured?

Cholamandalam Investment and… 9.05% Jul 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Cholamandalam Investment and… 9.05% Jul 2031 NCD trade?

Cholamandalam Investment and… 9.05% Jul 2031 NCD is listed on BSE.

What yield does Cholamandalam Investment and… 9.05% Jul 2031 NCD currently offer?

The last recorded trade on 2026-08-21 priced Cholamandalam Investment and… 9.05% Jul 2031 NCD at ₹100.51, implying a yield to maturity of 8.90%.

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