B
AAA / Stable Secured NCD

Bajaj Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
8.04%
Market YTM
Coupon Rate
7.90%
Per annum
Maturity Date
13 Apr 2028
1.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.04%
Live, last traded 2026-09-21
10Y G-Sec Benchmark
6.89%
Reference point, not this bond's tenor
Spread over G-Sec
+166 bps
vs 1.5Y G-Sec at 6.38%
Below the median spread for similar-tenor peers
Tenure
1.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-11 2026-09-21
Cashflow Timeline
13 Apr 2027
Interest Payment
₹79,000.00 / Bond
13 Apr 2028
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-09-17 Rating action: by CRISIL on 2026-07-29 Rating action: by CRISIL on 2026-07-01 Issued 2023-04-13 Matures 2028-04-13

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

Key Metrics
Coupon Rate
7.90%
YTM (Annual)
8.04%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.5 Years
Advanced metrics
Modified Duration
1.36 Yrs
Macaulay Duration
1.47 Yrs
Issue Size
₹3,010 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.36 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-09-21
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 2.10 percentage points below the median for tracked NCD bonds. (based on 20535 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 25 Sep 2026
Instrument Type
NCD
Issue Date
2023-04-13
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Bajaj Finance Limited issued this secured, rated, ncd (BFL-7.90%-13-4-28) carrying a 7.90% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-09-17 CRISIL Initial AAA Stable View →
2026-07-29 CRISIL Other — — View →
2026-07-01 CRISIL Other — — View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-09-21 99.7070 8.0400 None
2026-09-18 99.6784 8.0600 None
2026-08-11 100.1878 7.7200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2023-04-30
Rating Actions History 3 — 2026-09-17
Secondary-Market Trades 3 NSE OTC (WAP) 2026-09-21
Reg52(4) Payment Disclosures 0 — —
Documents
Entity metadata
Source
bse_bonds
Last Updated
25 Sep 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 Bajaj Finance 7.90% Apr 2028 NCD?

Bajaj Finance 7.90% Apr 2028 NCD carries a coupon of 7.90%, paid annual, on a face value of ₹1,000,000.

When does Bajaj Finance 7.90% Apr 2028 NCD mature?

Bajaj Finance 7.90% Apr 2028 NCD matures on 2028-04-13, 1.5 years from today.

What is Bajaj Finance 7.90% Apr 2028 NCD rated?

Bajaj Finance 7.90% Apr 2028 NCD is rated AAA by CRISIL and AAA by INDIA_RATINGS. As of 2023-04-30.

Is Bajaj Finance 7.90% Apr 2028 NCD secured?

Bajaj Finance 7.90% Apr 2028 NCD is a secured bond.

Where does Bajaj Finance 7.90% Apr 2028 NCD trade?

Bajaj Finance 7.90% Apr 2028 NCD is listed on BSE.

What yield does Bajaj Finance 7.90% Apr 2028 NCD currently offer?

The last recorded trade on 2026-09-21 priced Bajaj Finance 7.90% Apr 2028 NCD at ₹99.71, implying a yield to maturity of 8.04%.

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Maturity
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8
Bajaj Finance 8.10% Jan 2027 NCD
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Maturity
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Maturity
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