L
AAA Unsecured NCD

L&t Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2036

Current YTM
8.10%
Market YTM
Coupon Rate
8.20%
Per annum
Maturity Date
01 Jul 2036
9.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
8.10%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+137 bps
vs 9.8Y G-Sec at 6.73%
Below the median spread for similar-tenor peers
Tenure
9.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-11 2026-08-25
Cashflow Timeline
1 Jul 2027
Interest Payment
₹820,000.00 / Bond
1 Jul 2028
Interest Payment
₹820,000.00 / Bond
1 Jul 2029
Interest Payment
₹820,000.00 / Bond
1 Jul 2030
Interest Payment
₹820,000.00 / Bond
1 Jul 2031
Interest Payment
₹820,000.00 / Bond
1 Jul 2032
Interest Payment
₹820,000.00 / Bond
1 Jul 2033
Interest Payment
₹820,000.00 / Bond
1 Jul 2034
Interest Payment
₹820,000.00 / Bond
1 Jul 2036
Principal Payment
₹10,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-25 Issued 2026-07-01 Matures 2036-07-01

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

Key Metrics
Coupon Rate
8.20%
YTM (Annual)
8.10%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
9.8 Years
Advanced metrics
Modified Duration
6.52 Yrs
Macaulay Duration
7.05 Yrs
Issue Size
₹380 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
6.52 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-25
BSE
Trades (30 Days)
19
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 19 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.80 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
2026-07-01
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by L&t Finance Limited, 8.20% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES C FY 2026-27 DATE OF MATURITY 01/07/2036 is a rated, ncd paying a 8.20% 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
2026-08-25 100.5800 8.1000 1
2026-08-24 100.4965 8.1129 1
2026-08-21 100.5234 8.1086 6
2026-08-20 100.3913 8.1313 1
2026-08-19 100.5177 8.1109 1
2026-08-18 100.5845 8.1000 None
2026-08-17 100.5000 8.1147 None
2026-08-14 100.7500 8.0800 None
2026-08-12 100.5739 8.1017 1
2026-08-11 100.4522 8.1181 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-09-03
Rating Actions History 1 2026-08-25
Secondary-Market Trades 10 BSE 2026-08-25
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 8.20% Jul 2036 NCD?

L&t Finance 8.20% Jul 2036 NCD carries a coupon of 8.20%, paid annual, on a face value of ₹10,000,000.

When does L&t Finance 8.20% Jul 2036 NCD mature?

L&t Finance 8.20% Jul 2036 NCD matures on 2036-07-01, 9.8 years from today.

What is L&t Finance 8.20% Jul 2036 NCD rated?

L&t Finance 8.20% Jul 2036 NCD is rated AAA by CRISIL. As of 2025-09-03.

Is L&t Finance 8.20% Jul 2036 NCD secured?

L&t Finance 8.20% Jul 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does L&t Finance 8.20% Jul 2036 NCD currently offer?

The last recorded trade on 2026-08-25 priced L&t Finance 8.20% Jul 2036 NCD at ₹100.58, implying a yield to maturity of 8.10%.

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