B
AAA Secured NCD

Bajaj Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.55%
Market YTM
Coupon Rate
8.00%
Per annum
Maturity Date
17 Oct 2028
2.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.55%
Live, last traded 2026-07-01
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+283 bps
vs 2.1Y G-Sec at 4.72%
Below the median spread for similar-tenor peers
Tenure
2.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-07-01
Cashflow Timeline
17 Oct 2026
Interest Payment
₹8,000.00 / Bond
17 Oct 2027
Interest Payment
₹8,000.00 / Bond
17 Oct 2028
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 Rating action: by CRISIL on 2026-07-29 Rating action: by CRISIL on 2026-07-01 Initial rating: AAA by CRISIL on 2026-06-25 Issued 2023-10-17 Matures 2028-10-17

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

Key Metrics
Coupon Rate
8.00%
YTM (Annual)
7.55%
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.78 Yrs
Macaulay Duration
1.92 Yrs
Issue Size
₹2,236 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.78 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-01
BSE
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 2.00 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
2023-10-17
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT DATE OF MATURITY 17/10/2028 is a secured, rated, redeemable ncd issued by Bajaj Finance Limited. The bond offers a fixed coupon of 8.00% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-07-29 CRISIL Other View →
2026-07-01 CRISIL Other View →
2026-06-25 CRISIL Initial AAA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-01 100.8400 7.5500 1
2026-06-30 100.7350 7.6000 None
2026-06-29 100.5504 7.6900 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-09-27
Rating Actions History 3 2026-07-29
Secondary-Market Trades 3 BSE 2026-07-01
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 Bajaj Finance 8.00% Oct 2028 NCD?

Bajaj Finance 8.00% Oct 2028 NCD carries a coupon of 8.00%, paid annual, on a face value of ₹100,000.

When does Bajaj Finance 8.00% Oct 2028 NCD mature?

Bajaj Finance 8.00% Oct 2028 NCD matures on 2028-10-17, 2.1 years from today.

What is Bajaj Finance 8.00% Oct 2028 NCD rated?

Bajaj Finance 8.00% Oct 2028 NCD is rated AAA by INDIA_RATINGS. As of 2023-09-27.

Is Bajaj Finance 8.00% Oct 2028 NCD secured?

Bajaj Finance 8.00% Oct 2028 NCD is a secured bond.

What yield does Bajaj Finance 8.00% Oct 2028 NCD currently offer?

The last recorded trade on 2026-07-01 priced Bajaj Finance 8.00% Oct 2028 NCD at ₹100.84, implying a yield to maturity of 7.55%.

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8
Bajaj Finance 8.05% Sep 2026 NCD
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Maturity
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B
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Maturity
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B
Bajaj Finance 8.05% Dec 2026 NCD
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Coupon
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Maturity
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Coupon
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Maturity
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