L
AAA Secured NCD

L&t Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
8.03%
Market YTM
Coupon Rate
8.12%
Per annum
Maturity Date
29 Jun 2029
2.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.03%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+189 bps
vs 2.8Y G-Sec at 6.13%
Below the median spread for similar-tenor peers
Tenure
2.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-06 2026-08-21
Cashflow Timeline
15 Jun 2027
Interest Payment
₹8,120.00 / Bond
15 Jun 2028
Interest Payment
₹8,120.00 / Bond
15 Jun 2029
Interest Payment
₹8,120.00 / Bond
29 Jun 2029
Principal Payment
₹100,000.00 / Bond

Next 3 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 2026-06-15 Matures 2029-06-29

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

Key Metrics
Coupon Rate
8.12%
YTM (Annual)
8.03%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.8 Years
Advanced metrics
Modified Duration
2.42 Yrs
Macaulay Duration
2.62 Yrs
Issue Size
₹1,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.42 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-21
NSE OTC (WAP)
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 6 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.88 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-06-15
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B (FY 2026-27) DATE OF MATURITY 29/06/2029 is a secured, rated, redeemable ncd issued by L&t Finance Limited. The bond offers a fixed coupon of 8.12% p.a. with annual interest payments and 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
2026-08-21 100.1904 8.0250 None
2026-08-20 100.1790 8.0350 None
2026-08-19 100.5000 7.9000 1
2026-08-17 100.3802 7.9500 None
2026-08-13 100.6091 7.8600 None
2026-07-29 100.3138 7.9844 None
2026-07-27 100.4533 7.9300 None
2026-07-14 100.3926 7.9600 None
2026-07-13 100.6800 7.8500 1
2026-07-06 100.0645 8.0914 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-05-12
Rating Actions History 1 2026-08-25
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-21
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 8.12% Jun 2029 NCD?

L&t Finance 8.12% Jun 2029 NCD carries a coupon of 8.12%, paid annual, on a face value of ₹100,000.

When does L&t Finance 8.12% Jun 2029 NCD mature?

L&t Finance 8.12% Jun 2029 NCD matures on 2029-06-29, 2.8 years from today.

What is L&t Finance 8.12% Jun 2029 NCD rated?

L&t Finance 8.12% Jun 2029 NCD is rated AAA by CRISIL and AAA by CARE. As of 2025-09-03.

Is L&t Finance 8.12% Jun 2029 NCD secured?

L&t Finance 8.12% Jun 2029 NCD is a secured bond.

What yield does L&t Finance 8.12% Jun 2029 NCD currently offer?

The last recorded trade on 2026-08-21 priced L&t Finance 8.12% Jun 2029 NCD at ₹100.19, implying a yield to maturity of 8.03%.

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