I
AA Secured NCD

IIFL Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
10.59%
Market YTM
Coupon Rate
9.35%
Per annum
Maturity Date
21 Apr 2028
1.6 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
10.59%
Live, last traded 2026-07-06
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+498 bps
vs 1.6Y G-Sec at 5.60%
Top 24% of similar-tenor peers by spread
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-01 2026-07-06
Cashflow Timeline
21 Sep 2026
Interest Payment
₹7.79 / Bond
21 Oct 2026
Interest Payment
₹7.79 / Bond
21 Nov 2026
Interest Payment
₹7.79 / Bond
21 Dec 2026
Interest Payment
₹7.79 / Bond
21 Jan 2027
Interest Payment
₹7.79 / Bond
21 Feb 2027
Interest Payment
₹7.79 / Bond
21 Mar 2027
Interest Payment
₹7.79 / Bond
21 Apr 2027
Interest Payment
₹7.79 / Bond
21 Apr 2028
Principal Payment
₹1,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000 face value

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-01 Interest ₹1,900,000.00 ₹1,900,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ 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 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-01 Issued 2025-04-21 Matures 2028-04-21

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

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics
Coupon Rate
9.35%
YTM (Annual)
10.59%
Credit Rating
AA
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.51 Yrs
Macaulay Duration
1.53 Yrs
Issue Size
₹24 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.51 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-07-06
NSE CM
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.65 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
2025-04-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

9.35% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES V TRANCHE I DATE OF MATURITY 21/04/2028 is a secured, rated, redeemable ncd issued by IIFL Finance Limited. The bond offers a fixed coupon of 9.35% p.a. with monthly 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
2026-07-06 98.0000 10.5863 9
2026-07-02 99.9000 9.3958 11
2026-07-01 99.1000 9.8899 36
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2026-08-24
Rating Actions History 6 2026-08-24
Secondary-Market Trades 3 NSE CM 2026-07-06
Reg52(4) Payment Disclosures 1 NSE 2026-08-01
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 9.35% Apr 2028 NCD?

Iifl Finance 9.35% Apr 2028 NCD carries a coupon of 9.35%, paid monthly, on a face value of ₹1,000.

When does Iifl Finance 9.35% Apr 2028 NCD mature?

Iifl Finance 9.35% Apr 2028 NCD matures on 2028-04-21, 1.6 years from today.

What is Iifl Finance 9.35% Apr 2028 NCD rated?

Iifl Finance 9.35% Apr 2028 NCD is rated AA by CRISIL. As of 2026-08-24.

Is Iifl Finance 9.35% Apr 2028 NCD secured?

Iifl Finance 9.35% Apr 2028 NCD is a secured bond.

What yield does Iifl Finance 9.35% Apr 2028 NCD currently offer?

The last recorded trade on 2026-07-06 priced Iifl Finance 9.35% Apr 2028 NCD at ₹98.00, implying a yield to maturity of 10.59%.

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