S
AAA Secured NCD

Sundaram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.68%
Market YTM
Coupon Rate
7.75%
Per annum
Maturity Date
08 Aug 2028
1.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.68%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+261 bps
vs 1.9Y G-Sec at 5.07%
Below the median spread for similar-tenor peers
Tenure
1.9 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
8 Aug 2027
Interest Payment
₹7,750.00 / Bond
8 Aug 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-10 Interest ₹1,162,500,000.00 ₹1,162,500,000.00 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 Initial rating: AAA by CRISIL on 2026-08-27 Reaffirmed: AAA by CRISIL on 2026-08-27 Rating action: by CRISIL on 2026-08-18 Initial rating: AAA by CRISIL on 2026-07-03 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-10 Issued 2023-08-08 Matures 2028-08-08

4 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
7.75%
YTM (Annual)
7.68%
Credit Rating
AAA
(ICRA)
Remaining Tenure
1.9 Years
Advanced metrics
Modified Duration
1.74 Yrs
Macaulay Duration
1.87 Yrs
Issue Size
₹750 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.74 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.25 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
2023-08-08
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SERIES X2 DATE OF MATURITY 08/08/2028 is a secured, rated, redeemable ncd issued by Sundaram Finance Limited. The bond offers a fixed coupon of 7.75% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 4 actions
DateAgencyActionRatingOutlookRationale
2026-08-27 CRISIL Initial AAA View →
2026-08-27 CRISIL Reaffirm AAA View →
2026-08-18 CRISIL Other View →
2026-07-03 CRISIL Initial AAA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 100.1028 7.6800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2023-07-21
Rating Actions History 4 2026-08-27
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-11
Reg52(4) Payment Disclosures 1 NSE 2026-08-10
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 Sundaram Finance 7.75% Aug 2028 NCD?

Sundaram Finance 7.75% Aug 2028 NCD carries a coupon of 7.75%, paid annual, on a face value of ₹100,000.

When does Sundaram Finance 7.75% Aug 2028 NCD mature?

Sundaram Finance 7.75% Aug 2028 NCD matures on 2028-08-08, 1.9 years from today.

What is Sundaram Finance 7.75% Aug 2028 NCD rated?

Sundaram Finance 7.75% Aug 2028 NCD is rated AAA by ICRA. As of 2023-07-21.

Is Sundaram Finance 7.75% Aug 2028 NCD secured?

Sundaram Finance 7.75% Aug 2028 NCD is a secured bond.

What yield does Sundaram Finance 7.75% Aug 2028 NCD currently offer?

The last recorded trade on 2026-08-11 priced Sundaram Finance 7.75% Aug 2028 NCD at ₹100.10, implying a yield to maturity of 7.68%.

More Bonds from This Issuer
8
Sundaram Finance 8.04% Oct 2026 NCD
AAA
Coupon
8.04%
Maturity
26 Oct 2026
7
Sundaram Finance 7.75% Dec 2026 NCD
AAA
Coupon
7.75%
Maturity
11 Dec 2026
7
Sundaram Finance 7.35% Apr 2027 NCD
AAA
Coupon
7.35%
Maturity
23 Apr 2027
8
Sundaram Finance 8.48% May 2027 NCD
AA+
Coupon
8.48%
Maturity
05 May 2027
Compare (/) Compare Bonds

← Back to screener