S
AAA Secured NCD

Sundaram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.80%
Market YTM
Coupon Rate
7.05%
Per annum
Maturity Date
11 Oct 2028
2.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.80%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+308 bps
vs 2.1Y G-Sec at 4.72%
Above the median spread for similar-tenor peers
Tenure
2.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-28 2026-08-24
Cashflow Timeline
24 Oct 2026
Interest Payment
₹7,050.00 / Bond
24 Oct 2027
Interest Payment
₹7,050.00 / Bond
11 Oct 2028
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ 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 Issued 2025-10-24 Matures 2028-10-11

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

Key Metrics
Coupon Rate
7.05%
YTM (Annual)
7.80%
Credit Rating
AAA
(ICRA)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.78 Yrs
Macaulay Duration
1.92 Yrs
Issue Size
₹1,265 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.78 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.95 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
2025-10-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Sundaram Finance Limited, 7.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z5 DATE OF MATURITY 11/10/2028 is a secured, rated, ncd paying a 7.05% p.a. coupon annual. The instrument 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
2026-08-24 98.5887 7.7964 None
2026-08-20 98.4858 7.8200 None
2026-07-28 98.5723 7.7500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2025-09-24
Rating Actions History 4 2026-08-27
Secondary-Market Trades 3 NSE OTC (WAP) 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 Sundaram Finance 7.05% Oct 2028 NCD?

Sundaram Finance 7.05% Oct 2028 NCD carries a coupon of 7.05%, paid annual, on a face value of ₹100,000.

When does Sundaram Finance 7.05% Oct 2028 NCD mature?

Sundaram Finance 7.05% Oct 2028 NCD matures on 2028-10-11, 2.1 years from today.

What is Sundaram Finance 7.05% Oct 2028 NCD rated?

Sundaram Finance 7.05% Oct 2028 NCD is rated AAA by ICRA. As of 2025-09-24.

Is Sundaram Finance 7.05% Oct 2028 NCD secured?

Sundaram Finance 7.05% Oct 2028 NCD is a secured bond.

What yield does Sundaram Finance 7.05% Oct 2028 NCD currently offer?

The last recorded trade on 2026-08-24 priced Sundaram Finance 7.05% Oct 2028 NCD at ₹98.59, implying a yield to maturity of 7.80%.

More Bonds from This Issuer
8
Sundaram Finance 8.04% Oct 2026 NCD
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Coupon
8.04%
Maturity
26 Oct 2026
7
Sundaram Finance 7.75% Dec 2026 NCD
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Coupon
7.75%
Maturity
11 Dec 2026
7
Sundaram Finance 7.35% Apr 2027 NCD
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Coupon
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Maturity
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8
Sundaram Finance 8.48% May 2027 NCD
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Coupon
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Maturity
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