S
AAA Secured NCD

Sundaram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.73%
Market YTM
Coupon Rate
7.45%
Per annum
Maturity Date
16 Mar 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.73%
Live, last traded 2026-07-30
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+142 bps
vs 2.5Y G-Sec at 6.31%
Below the median spread for similar-tenor peers
Tenure
2.5 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
16 Mar 2027
Interest Payment
₹7,450.00 / Bond
16 Mar 2028
Interest Payment
₹7,450.00 / Bond
16 Mar 2029
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 2026-03-16 Matures 2029-03-16

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

Key Metrics
Coupon Rate
7.45%
YTM (Annual)
7.73%
Credit Rating
AAA
(ICRA)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.18 Yrs
Macaulay Duration
2.34 Yrs
Issue Size
₹750 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.18 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-30
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.55 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
2026-03-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Sundaram Finance Limited issued this secured, rated, ncd (7.45% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES SERIES Z8 DATE OF MATURITY 16/03/2029) carrying a 7.45% p.a. coupon, paid annual. It 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
2026-07-30 99.2728 7.7300 None
2026-07-29 99.2264 7.7500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-02-19
Rating Actions History 4 2026-08-27
Secondary-Market Trades 2 NSE OTC (WAP) 2026-07-30
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 7.45% Mar 2029 NCD?

Sundaram Finance 7.45% Mar 2029 NCD carries a coupon of 7.45%, paid annual, on a face value of ₹100,000.

When does Sundaram Finance 7.45% Mar 2029 NCD mature?

Sundaram Finance 7.45% Mar 2029 NCD matures on 2029-03-16, 2.5 years from today.

What is Sundaram Finance 7.45% Mar 2029 NCD rated?

Sundaram Finance 7.45% Mar 2029 NCD is rated AAA by ICRA. As of 2026-02-19.

Is Sundaram Finance 7.45% Mar 2029 NCD secured?

Sundaram Finance 7.45% Mar 2029 NCD is a secured bond.

What yield does Sundaram Finance 7.45% Mar 2029 NCD currently offer?

The last recorded trade on 2026-07-30 priced Sundaram Finance 7.45% Mar 2029 NCD at ₹99.27, implying a yield to maturity of 7.73%.

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
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