I

Incred Financial Services ZC May 2029 NCD

AA- Secured NCD

Incred Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
16.13%
Market YTM
Coupon Rate
Per annum
Maturity Date
14 May 2029
2.7 Yrs to Maturity
Interest Payment
At Maturity
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
16.13%
Live, last traded 2026-07-30
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+994 bps
vs 2.7Y G-Sec at 6.19%
Top 3% of similar-tenor peers by spread
Tenure
2.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-07-30
Cashflow Timeline

Single payment at maturity

Zero-coupon / bullet bond — principal repaid on 2029-05-14.
Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: AA by CRISIL on 2026-08-21 Initial rating: AA by CRISIL on 2026-08-06 Initial rating: AA by CRISIL on 2026-08-05 Initial rating: AA by CRISIL on 2026-07-13 Initial rating: AA by CRISIL on 2026-07-03 Rating action: AA by CRISIL on 2026-06-25 Rating action: AA by CRISIL on 2026-06-16 Issued 2026-05-20 Matures 2029-05-14

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

Key Metrics
Coupon Rate
YTM (Annual)
16.13%
Credit Rating
AA-
(ICRA)
Remaining Tenure
2.7 Years
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹55 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
At Maturity
Last Trade
2026-07-30
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-05-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Incred Financial Services Limited issued this secured, rated, ncd (NIFTY 50 SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE DATE OF MATURITY 14/05/2029) carrying a 0.00% p.a. coupon, paid at maturity. It repays principal on maturity.

Rating Action History 7 actions
DateAgencyActionRatingOutlookRationale
2026-08-21 CRISIL Other AA View →
2026-08-06 CRISIL Initial AA View →
2026-08-05 CRISIL Initial AA View →
2026-07-13 CRISIL Initial AA Stable View →
2026-07-03 CRISIL Initial AA View →
2026-06-25 CRISIL Other AA View →
2026-06-16 CRISIL Other AA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-30 100.0000 16.1300 1
2026-07-14 100.0000 15.9100 1
2026-07-02 101.5000 15.1200 1
2026-06-30 101.4000 15.1300 1
2026-06-29 100.7500 15.3700 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-03-12
Rating Actions History 7 2026-08-21
Secondary-Market Trades 5 BSE 2026-07-30
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
When does Incred Financial Services ZC May 2029 NCD mature?

Incred Financial Services ZC May 2029 NCD matures on 2029-05-14, 2.7 years from today.

What is Incred Financial Services ZC May 2029 NCD rated?

Incred Financial Services ZC May 2029 NCD is rated AA- by ICRA. As of 2026-03-12.

Is Incred Financial Services ZC May 2029 NCD secured?

Incred Financial Services ZC May 2029 NCD is a secured bond.

What yield does Incred Financial Services ZC May 2029 NCD currently offer?

The last recorded trade on 2026-07-30 priced Incred Financial Services ZC May 2029 NCD at ₹100.00, implying a yield to maturity of 16.13%.

More Bonds from This Issuer
I
Incred Financial Services 9.50% Sep 2026 NCD
AA
Coupon
9.50%
Maturity
18 Sep 2026
N
Incred Financial Services ZC Oct 2026 NCD
A+
Coupon
Maturity
12 Oct 2026
I
Incred Financial Services 9.50% Oct 2026 NCD
AA
Coupon
9.50%
Maturity
29 Oct 2026
9
Incred Financial Services 9.84% Nov 2026 NCD
A+
Coupon
9.84%
Maturity
10 Nov 2026
Compare (/) Compare Bonds

← Back to screener