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L&T Finance 9.22% Feb 2034 NCD (INE235P07944)

CRISIL AAA · NSDL record, 2019 Secured NCD

L&T Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2034

89 more bonds from L&T Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
9.22%
Per annum
Maturity Date
20 Feb 2034
7.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 25 Aug 2026 New rating assigned to AAA CRISIL

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
7.3 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.

Showing last 10 trades.

Cashflow Timeline

20 Feb 2027
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2028
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2029
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2030
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2031
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2032
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2033
Interest Payment
₹92,200.00 / Bond
₹82,980.00 net of 10% TDS (est.)
20 Feb 2034
Final coupon + principal
₹10,92,200.00 / Bond
₹92,200.00 coupon + ₹10,00,000 face value

8 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 20 Feb 2019 Matures 20 Feb 2034

Key Metrics

Coupon Rate
9.22%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (CRISIL, 2019)
Not a current agency rating; see below
Remaining Tenure
7.3 Years

AAA (CRISIL): Rating on NSDL record (CRISIL, 2019), dated 11 Feb 2019. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
4.83 Yrs
Macaulay Duration
5.28 Yrs
Issue Size
₹20 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
4.83 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.98 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
20 Feb 2019
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by L&T Finance Limited, L&T Finance 9.22% Feb 2034 NCD is a secured NCD. It pays a 9.22% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

2 actions

Agency actions on L&T Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-09-25 CARE Reaffirm AAA Stable NSE filing →
2026-08-25 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on L&T Finance Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-09-25 CARE Reaffirm AAA / Stable NSE filing →
2026-08-25 CRISIL Initial AAA / Stable View →
Alert me about L&T Finance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2019-02-11
Rating Actions History 2 — 2026-09-25
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE235P07944
Issue Date
20 Feb 2019
Maturity Date
20 Feb 2034
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on L&T Finance 9.22% Feb 2034 NCD?

L&T Finance 9.22% Feb 2034 NCD carries a coupon of 9.22%, paid annual, on a face value of ₹10,00,000.

When does L&T Finance 9.22% Feb 2034 NCD mature?

L&T Finance 9.22% Feb 2034 NCD matures on 20 Feb 2034, 7.3 years from today.

What is L&T Finance 9.22% Feb 2034 NCD rated?

No current rating from an agency or exchange is on file for L&T Finance 9.22% Feb 2034 NCD. NSDL's debt master records a rating of AAA by CRISIL, dated 11 Feb 2019, often from the time of issue, so it may be out of date.

Is L&T Finance 9.22% Feb 2034 NCD secured?

L&T Finance 9.22% Feb 2034 NCD is a secured bond.

Where does L&T Finance 9.22% Feb 2034 NCD trade?

L&T Finance 9.22% Feb 2034 NCD is listed on BSE.

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Maturity
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Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 9.22%. For comparison only, not a recommendation.

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INE723X07281Trust Investment Advisors Private LimitedAA+ NSDL record, 20269.15%2033-03-10
INE0M2307404Andhra Pradesh State Beverages Corporation LimitedAA NSDL record, 20259.15%2033-11-30
INE0M2307412Andhra Pradesh State Beverages Corporation LimitedAA NSDL record, 20259.15%2034-11-30
INE658F08532Kerala Infrastructure Investment Fund BoardAA-9.30%2034-01-21
INE658F08540Kerala Infrastructure Investment Fund BoardAA+9.30%2035-01-21
INE0TLC07028The Andhra Pradesh Mineral Development Corporation LimitedAA NSDL record, 20259.30%2033-05-09

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