L
AAA Secured NCD

L&t Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2027

Current YTM
7.60%
Market YTM
Coupon Rate
7.21%
Per annum
Maturity Date
29 Jun 2027
0.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.60%
Live, last traded 2026-07-31
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+182 bps
vs 0.8Y G-Sec at 5.78%
Below the median spread for similar-tenor peers
Tenure
0.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-07-31
Cashflow Timeline
27 May 2027
Interest Payment
₹7,209.20 / Bond
29 Jun 2027
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-25 Issued 2025-05-27 Matures 2027-06-29

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

Key Metrics
Coupon Rate
7.21%
YTM (Annual)
7.60%
Credit Rating
AAA
(ICRA)
Remaining Tenure
0.8 Years
Advanced metrics
Modified Duration
0.77 Yrs
Macaulay Duration
0.83 Yrs
Issue Size
₹750 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.77 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
NSE OTC (WAP)
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.
  • Coupon is 2.79 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
2025-05-27
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

L&t Finance Limited issued this secured, rated, ncd (7.2092% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B OPTION 1 DATE OF MATURITY 29/06/2027) carrying a 7.21% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Initial AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-31 99.6256 7.6000 1
2026-07-16 99.7400 7.4700 1
2026-07-15 99.5382 7.7033 3
2026-07-14 99.5412 7.7000 None
2026-07-13 99.7600 7.4600 3
2026-07-10 99.6399 7.5883 2
2026-07-09 99.6716 7.5550 None
2026-07-01 99.6998 7.5300 None
2026-06-29 99.6179 7.6200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2026-06-28
Rating Actions History 1 2026-08-25
Secondary-Market Trades 9 NSE OTC (WAP) 2026-07-31
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 L&t Finance 7.21% Jun 2027 NCD?

L&t Finance 7.21% Jun 2027 NCD carries a coupon of 7.21%, paid annual, on a face value of ₹100,000.

When does L&t Finance 7.21% Jun 2027 NCD mature?

L&t Finance 7.21% Jun 2027 NCD matures on 2027-06-29, 0.8 years from today.

What is L&t Finance 7.21% Jun 2027 NCD rated?

L&t Finance 7.21% Jun 2027 NCD is rated AAA by ICRA and AAA by INDIA_RATINGS. As of 2026-06-28.

Is L&t Finance 7.21% Jun 2027 NCD secured?

L&t Finance 7.21% Jun 2027 NCD is a secured bond.

What yield does L&t Finance 7.21% Jun 2027 NCD currently offer?

The last recorded trade on 2026-07-31 priced L&t Finance 7.21% Jun 2027 NCD at ₹99.63, implying a yield to maturity of 7.60%.

More Bonds from This Issuer
7
L&t Finance 7.91% Sep 2026 NCD
AAA
Coupon
7.91%
Maturity
25 Sep 2026
7
L&t Finance 7.90% Oct 2026 NCD
AA+
Coupon
7.90%
Maturity
23 Oct 2026
8
L&t Finance 8.50% Dec 2026 NCD
AAA
Coupon
8.50%
Maturity
23 Dec 2026
8
L&t Finance 8.65% Dec 2026 NCD
AAA
Coupon
8.65%
Maturity
23 Dec 2026
Compare (/) Compare Bonds

← Back to screener