B
AA / Stable Secured NCD

Bajaj Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
8.07%
Market YTM
Coupon Rate
7.38%
Per annum
Maturity Date
26 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.07%
Live, last traded 2026-09-24
10Y G-Sec Benchmark
6.89%
Reference point, not this bond's tenor
Spread over G-Sec
+226 bps
vs 1.8Y G-Sec at 5.81%
Below the median spread for similar-tenor peers
Tenure
1.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-09-24
Cashflow Timeline
28 Apr 2027
Interest Payment
₹7,380.00 / Bond
28 Apr 2028
Interest Payment
₹7,380.00 / Bond
26 Jun 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 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 2025-04-28 Matures 2028-06-26

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

Key Metrics
Coupon Rate
7.38%
YTM (Annual)
8.07%
Credit Rating
AA
(CRISIL)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.55 Yrs
Macaulay Duration
1.68 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.55 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-09-24
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.62 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
2025-04-28
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

BFL-7.37%-26-06-28-PVT is a secured, rated, redeemable ncd issued by Bajaj Finance Limited. The bond offers a fixed coupon of 7.38% p.a. with annual interest payments and 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
2026-09-24 98.8101 8.0743 None
2026-09-23 98.8982 8.0291 None
2026-09-10 99.0746 7.9200 None
2026-09-04 99.2012 7.8300 None
2026-08-24 99.0300 7.9300 1
2026-08-11 99.3721 7.7200 None
2026-08-04 99.3197 7.7500 None
2026-07-08 99.2965 7.7600 None
2026-06-30 99.5794 7.6019 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-04-30
Rating Actions History 3 — 2026-09-17
Secondary-Market Trades 9 NSE OTC (WAP) 2026-09-24
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 7.38% Jun 2028 NCD?

Bajaj Finance 7.38% Jun 2028 NCD carries a coupon of 7.38%, paid annual, on a face value of ₹100,000.

When does Bajaj Finance 7.38% Jun 2028 NCD mature?

Bajaj Finance 7.38% Jun 2028 NCD matures on 2028-06-26, 1.8 years from today.

What is Bajaj Finance 7.38% Jun 2028 NCD rated?

Bajaj Finance 7.38% Jun 2028 NCD is rated AA by CRISIL. As of 2025-04-30.

Is Bajaj Finance 7.38% Jun 2028 NCD secured?

Bajaj Finance 7.38% Jun 2028 NCD is a secured bond.

Where does Bajaj Finance 7.38% Jun 2028 NCD trade?

Bajaj Finance 7.38% Jun 2028 NCD is listed on BSE.

What yield does Bajaj Finance 7.38% Jun 2028 NCD currently offer?

The last recorded trade on 2026-09-24 priced Bajaj Finance 7.38% Jun 2028 NCD at ₹98.81, implying a yield to maturity of 8.07%.

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Maturity
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8
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Maturity
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Coupon
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Maturity
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