L
AAA Secured NCD

L&t Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.86%
Market YTM
Coupon Rate
7.79%
Per annum
Maturity Date
27 Jun 2031
4.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.86%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+135 bps
vs 4.8Y G-Sec at 6.51%
Below the median spread for similar-tenor peers
Tenure
4.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-27
Cashflow Timeline
21 Apr 2027
Interest Payment
₹7,794.20 / Bond
21 Apr 2028
Interest Payment
₹7,794.20 / Bond
21 Apr 2029
Interest Payment
₹7,794.20 / Bond
21 Apr 2030
Interest Payment
₹7,794.20 / Bond
21 Apr 2031
Interest Payment
₹7,794.20 / Bond
27 Jun 2031
Principal Payment
₹100,000.00 / Bond

Next 5 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 2026-08-25 Issued 2026-04-21 Matures 2031-06-27

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

Key Metrics
Coupon Rate
7.79%
YTM (Annual)
7.86%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.8 Years
Advanced metrics
Modified Duration
3.85 Yrs
Macaulay Duration
4.15 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.85 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
BSE
Trades (30 Days)
19
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 19 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.21 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
2026-04-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by L&t Finance Limited, 7.7942% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES A FY 2026-27 DATE OF MATURITY 27/06/2031 is a secured, rated, ncd paying a 7.79% p.a. coupon annual. The instrument 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
2026-08-27 99.7100 7.8600 3
2026-08-26 99.5468 7.8976 None
2026-08-25 99.5468 7.8976 5
2026-08-18 100.1600 7.7400 1
2026-08-17 100.1600 7.7400 3
2026-08-14 100.6900 7.6124 3
2026-08-13 99.6320 7.8746 None
2026-08-12 99.7817 7.8313 6
2026-08-11 99.8086 7.8251 3
2026-08-10 99.8091 7.7963 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-09-03
Rating Actions History 1 2026-08-25
Secondary-Market Trades 10 BSE 2026-08-27
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 7.79% Jun 2031 NCD?

L&t Finance 7.79% Jun 2031 NCD carries a coupon of 7.79%, paid annual, on a face value of ₹100,000.

When does L&t Finance 7.79% Jun 2031 NCD mature?

L&t Finance 7.79% Jun 2031 NCD matures on 2031-06-27, 4.8 years from today.

What is L&t Finance 7.79% Jun 2031 NCD rated?

L&t Finance 7.79% Jun 2031 NCD is rated AAA by CRISIL. As of 2025-09-03.

Is L&t Finance 7.79% Jun 2031 NCD secured?

L&t Finance 7.79% Jun 2031 NCD is a secured bond.

What yield does L&t Finance 7.79% Jun 2031 NCD currently offer?

The last recorded trade on 2026-08-27 priced L&t Finance 7.79% Jun 2031 NCD at ₹99.71, implying a yield to maturity of 7.86%.

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