I
AA Unsecured NCD

IIFL Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
9.87%
Market YTM
Coupon Rate
9.90%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
9.87%
Live, last traded 2026-07-31
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean)
2026-07-08 2026-07-31
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
9.90%
YTM (Annual)
9.87%
Credit Rating
AA
(BRICKWORK)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹100 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.10 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
2025-12-30
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

IIFL Finance Limited issued this rated, ncd (9.90% UNSECURED RATED LISTED REDEEMABLE PERPETUAL NON CONVERTIBLE DEBENTURE SERIES PDI-2 OPTION B) carrying a 9.90% p.a. coupon, paid annual. It has no fixed maturity date.

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
2026-07-31 100.0000 9.8745 1
2026-07-30 100.4800 1
2026-07-29 100.4700 1
2026-07-28 100.5700 9.8100 3
2026-07-23 100.4000 9.8200 2
2026-07-08 101.0755 9.6964 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 BRICKWORK, INFOMERICS 2026-08-20
Rating Actions History 6 2026-08-24
Secondary-Market Trades 6 NSE OTC (WAP) 2026-07-31
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 9.90% Dec 9999 NCD?

IIFL Finance 9.90% Dec 9999 NCD carries a coupon of 9.90%, paid annual, on a face value of ₹10,000,000.

When does IIFL Finance 9.90% Dec 9999 NCD mature?

IIFL Finance 9.90% Dec 9999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is IIFL Finance 9.90% Dec 9999 NCD rated?

IIFL Finance 9.90% Dec 9999 NCD is rated AA by BRICKWORK and AA by INFOMERICS. As of 2026-08-19.

Is IIFL Finance 9.90% Dec 9999 NCD secured?

IIFL Finance 9.90% Dec 9999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can IIFL Finance 9.90% Dec 9999 NCD be called or put back early?

IIFL Finance 9.90% Dec 9999 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does IIFL Finance 9.90% Dec 9999 NCD currently offer?

The last recorded trade on 2026-07-31 priced IIFL Finance 9.90% Dec 9999 NCD at ₹100.00, implying a yield to maturity of 9.87%.

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