S

Spandana Sphoorty Financial 11.25% Apr 2028 NCD

BBB+ Secured NCD

Spandana Sphoorty Financial Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
12.02%
Market YTM
Coupon Rate
11.25%
Per annum
Maturity Date
26 Apr 2028
1.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
12.02%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+659 bps
vs 1.7Y G-Sec at 5.43%
Top 12% of similar-tenor peers by spread
Tenure
1.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-22 2026-08-24
Cashflow Timeline
28 Sep 2026
Interest Payment
₹93.75 / Bond
28 Oct 2026
Interest Payment
₹93.75 / Bond
28 Nov 2026
Interest Payment
₹93.75 / Bond
28 Dec 2026
Interest Payment
₹93.75 / Bond
28 Jan 2027
Interest Payment
₹93.75 / Bond
28 Feb 2027
Interest Payment
₹93.75 / Bond
28 Mar 2027
Interest Payment
₹93.75 / Bond
28 Apr 2027
Interest Payment
₹93.75 / Bond
26 Apr 2028
Principal Payment
₹10,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-04-28 Matures 2028-04-26
Key Metrics
Coupon Rate
11.25%
YTM (Annual)
12.02%
Credit Rating
BBB+
(ICRA)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.50 Yrs
Macaulay Duration
1.52 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
1.50 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-24
BSE
Trades (30 Days)
22
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 22 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 percentage points above 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
2026-04-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

11.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 26/04/2028 is a secured, rated, redeemable ncd issued by Spandana Sphoorty Financial Limited. The bond offers a fixed coupon of 11.25% p.a. with monthly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 99.8600 12.0200 30
2026-08-17 99.7700 12.1400 92
2026-08-13 99.4800 12.4900 25
2026-08-12 99.5100 12.4500 38
2026-08-11 99.5000 12.4700 46
2026-08-10 99.5300 12.4200 83
2026-08-05 99.5900 12.3400 55
2026-07-28 99.4900 12.4600 53
2026-07-24 99.6000 12.3200 67
2026-07-22 99.4500 12.4900 43
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-04-20
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-24
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 Spandana Sphoorty Financial 11.25% Apr 2028 NCD?

Spandana Sphoorty Financial 11.25% Apr 2028 NCD carries a coupon of 11.25%, paid monthly, on a face value of ₹10,000.

When does Spandana Sphoorty Financial 11.25% Apr 2028 NCD mature?

Spandana Sphoorty Financial 11.25% Apr 2028 NCD matures on 2028-04-26, 1.7 years from today.

What is Spandana Sphoorty Financial 11.25% Apr 2028 NCD rated?

Spandana Sphoorty Financial 11.25% Apr 2028 NCD is rated BBB+ by ICRA. As of 2026-04-20.

Is Spandana Sphoorty Financial 11.25% Apr 2028 NCD secured?

Spandana Sphoorty Financial 11.25% Apr 2028 NCD is a secured bond.

What yield does Spandana Sphoorty Financial 11.25% Apr 2028 NCD currently offer?

The last recorded trade on 2026-08-24 priced Spandana Sphoorty Financial 11.25% Apr 2028 NCD at ₹99.86, implying a yield to maturity of 12.02%.

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Spandana Sphoorty Financial 10.75% Sep 2026 NCD
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Maturity
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Spandana Sphoorty Financial 10.75% Sep 2026 NCD
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Maturity
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Spandana Sphoorty Financial 10.50% Apr 2027 NCD
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Coupon
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Maturity
14 Apr 2027
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Spandana Sphoorty Financial 10.75% Apr 2027 NCD
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Coupon
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Maturity
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