Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
L

L&T Finance 7.80% Dec 2029 NCD (INE498L07087)

CARE AAA Secured NCD

L&T Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

89 more bonds from L&T Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.80%
Per annum
Maturity Date
28 Dec 2029
3.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
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
3.1 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

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong. Payments the issuer has filed are listed under disclosed payments.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-28 Interest ₹23,39,00,000.00 ₹23,39,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Reaffirmed: AAA by CARE on 25 Sep 2026 Interest paid (SEBI Reg52(4) disclosure) — due 28 Oct 2026 Issued 28 Oct 2024 Matures 28 Dec 2029

1 rating action on file since issue — hover a dot for detail.

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
7.80%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 25 Sep 2026, 44 days ago
Remaining Tenure
3.1 Years

AAA (CARE): Rated 25 Sep 2026 (44 days ago).

AAA (ICRA): On the NSE listing when we first checked it, 28 Jun 2026; the listing doesn't give the agency's rating date.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹300 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
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 2.40 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 16 Jul 2026
Instrument Type
NCD
Issue Date
28 Oct 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

L&T Finance 7.80% Dec 2029 NCD is a secured, rated NCD issued by L&T Finance Limited. It pays a 7.80% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
25 Sep 2026 CARE AAA — Latest NSE filing →
seen on 28 Jun 2026 ICRA AAA — Latest NSE listing
2024 CARE AAA — NSDL record, 2024 NSDL debt master

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
This bond
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 This bond 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 3 CARE, ICRA 2026-09-25
Rating Actions History 2 — 2026-09-25
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 1 NSE 2026-10-28
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE498L07087
Issue Date
28 Oct 2024
Maturity Date
28 Dec 2029
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

Frequently Asked Questions
What is the coupon rate on L&T Finance 7.80% Dec 2029 NCD?

L&T Finance 7.80% Dec 2029 NCD carries a coupon of 7.80%, paid annual, on a face value of ₹1,00,000.

When does L&T Finance 7.80% Dec 2029 NCD mature?

L&T Finance 7.80% Dec 2029 NCD matures on 28 Dec 2029, 3.1 years from today.

What is L&T Finance 7.80% Dec 2029 NCD rated?

L&T Finance 7.80% Dec 2029 NCD is rated AAA by CARE (rating dated 25 Sep 2026) and AAA by ICRA (rating dated 28 Jun 2026).

Is L&T Finance 7.80% Dec 2029 NCD secured?

L&T Finance 7.80% Dec 2029 NCD is a secured bond.

More Bonds from This Issuer

L
L&T Finance 8.15% Nov 2026 NCD
INE235P07571
AAA NSDL record, 2016
Coupon
8.15%
Maturity
13 Nov 2026
L
L&T Finance 7.95% Nov 2026 NCD
INE691I07DW6
AAA
Coupon
7.95%
Maturity
16 Nov 2026
L
L&T Finance 8.50% Dec 2026 NCD
INE027E07BB0
AAA
Coupon
8.50%
Maturity
23 Dec 2026
L
L&T Finance 8.65% Dec 2026 NCD
INE027E07BC8
AAA
Coupon
8.65%
Maturity
23 Dec 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 7.80%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE721A07SS4Shriram Finance LimitedAAA7.80%2029-09-07
INE033L07IU8Tata Capital Housing Finance LimitedAAA7.79%2030-06-18
INE282H07075Jio Credit LimitedAAA7.78%2029-07-07
INE296A07TW7Bajaj Finance LimitedAAA7.77%2029-04-17
INE377Y07649Bajaj Housing Finance LimitedAAA7.83%2029-05-18
INE103A08035Mangalore Refinery and Petrochemicals LimitedAAA7.75%2030-01-29

← Back to screener