I
AA Secured NCD

IIFL Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
6.20%
Market YTM
Coupon Rate
9.00%
Per annum
Maturity Date
24 Jan 2028
1.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
6.20%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+24 bps
vs 1.4Y G-Sec at 5.95%
Below the median spread for similar-tenor peers
Tenure
1.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-26
Cashflow Timeline
24 Jan 2027
Interest Payment
₹90.00 / Bond
24 Jan 2028
Principal Payment
₹1,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: by CRISIL on 2026-08-24 Rating action: AAA by CRISIL on 2026-07-28 Rating action: AAA by CRISIL on 2026-07-23 Initial rating: AAA by CRISIL on 2026-07-21 Rating action: AAA by CRISIL on 2026-07-02 Initial rating: AAA by CRISIL on 2026-06-29 Issued 2023-01-24 Matures 2028-01-24

6 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
9.00%
YTM (Annual)
6.20%
Credit Rating
AA
(CRISIL)
Remaining Tenure
1.4 Years
Advanced metrics
Modified Duration
1.24 Yrs
Macaulay Duration
1.32 Yrs
Issue Size
₹119 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.24 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE CM
Trades (30 Days)
17
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 17 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.00 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
2023-01-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

9% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES VI DATE OF MATURITY 24/01/2028 is a secured, rated, redeemable ncd issued by IIFL Finance Limited. The bond offers a fixed coupon of 9.00% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 6 actions
DateAgencyActionRatingOutlookRationale
2026-08-24 CRISIL Reaffirm View →
2026-07-28 CRISIL Other AAA View →
2026-07-23 CRISIL Other AAA View →
2026-07-21 CRISIL Initial AAA View →
2026-07-02 CRISIL Other AAA View →
2026-06-29 CRISIL Initial AAA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 103.7200 6.1987 None
2026-08-21 99.3900 9.4000 1
2026-08-19 104.5000 5.6750 None
2026-08-18 103.9990 6.0399 1
2026-08-17 103.9990 6.0454 None
2026-08-14 103.0000 6.7793 None
2026-08-13 103.5000 6.4239 None
2026-08-12 103.4000 6.5003 None
2026-08-11 99.5100 9.3000 1
2026-08-10 103.3300 6.5597 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-08-24
Rating Actions History 6 2026-08-24
Secondary-Market Trades 10 NSE CM 2026-08-26
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 IIFL Finance 9.00% Jan 2028 NCD?

IIFL Finance 9.00% Jan 2028 NCD carries a coupon of 9.00%, paid annual, on a face value of ₹1,000.

When does IIFL Finance 9.00% Jan 2028 NCD mature?

IIFL Finance 9.00% Jan 2028 NCD matures on 2028-01-24, 1.4 years from today.

What is IIFL Finance 9.00% Jan 2028 NCD rated?

IIFL Finance 9.00% Jan 2028 NCD is rated AA by CRISIL and AA by ICRA. As of 2026-08-24.

Is IIFL Finance 9.00% Jan 2028 NCD secured?

IIFL Finance 9.00% Jan 2028 NCD is a secured bond.

What yield does IIFL Finance 9.00% Jan 2028 NCD currently offer?

The last recorded trade on 2026-08-26 priced IIFL Finance 9.00% Jan 2028 NCD at ₹103.72, implying a yield to maturity of 6.20%.

More Bonds from This Issuer
8
IIFL Finance 8.80% Oct 2026 NCD
AA
Coupon
8.80%
Maturity
07 Oct 2026
Z
IIFL Finance ZC Oct 2026 NCD
AA
Coupon
Maturity
14 Oct 2026
8
IIFL Finance 8.42% Oct 2026 NCD
Coupon
8.42%
Maturity
14 Oct 2026
8
IIFL Finance 8.75% Oct 2026 NCD
AA
Coupon
8.75%
Maturity
14 Oct 2026
Compare (/) Compare Bonds

← Back to screener