S
AAA Unsecured NCD

Sundaram Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
8.45%
Market YTM
Coupon Rate
8.60%
Per annum
Maturity Date
25 Sep 2029
3.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.45%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+249 bps
vs 3.1Y G-Sec at 5.96%
Below the median spread for similar-tenor peers
Tenure
3.1 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
25 Sep 2026
Interest Payment
₹86,000.00 / Bond
25 Sep 2027
Interest Payment
₹86,000.00 / Bond
25 Sep 2028
Interest Payment
₹86,000.00 / Bond
25 Sep 2029
Principal Payment
₹1,000,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹1,000,000 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 2019-09-25 Matures 2029-09-25

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

Key Metrics
Coupon Rate
8.60%
YTM (Annual)
8.45%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
3.1 Years
Advanced metrics
Modified Duration
2.42 Yrs
Macaulay Duration
2.62 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.42 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.40 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
2019-09-25
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Sundaram Finance Limited issued this rated, ncd (8.60% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES T-7. DATE OF MATURITY 25/09/2029) carrying a 8.60% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

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
2026-08-26 100.3644 8.4500 None
2026-08-25 100.3644 8.4500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2019-09-24
Rating Actions History 4 2026-08-27
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-26
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 8.60% Sep 2029 NCD?

Sundaram Finance 8.60% Sep 2029 NCD carries a coupon of 8.60%, paid annual, on a face value of ₹1,000,000.

When does Sundaram Finance 8.60% Sep 2029 NCD mature?

Sundaram Finance 8.60% Sep 2029 NCD matures on 2029-09-25, 3.1 years from today.

What is Sundaram Finance 8.60% Sep 2029 NCD rated?

Sundaram Finance 8.60% Sep 2029 NCD is rated AAA by CRISIL. As of 2019-09-24.

Is Sundaram Finance 8.60% Sep 2029 NCD secured?

Sundaram Finance 8.60% Sep 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Sundaram Finance 8.60% Sep 2029 NCD be called or put back early?

Sundaram Finance 8.60% Sep 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Sundaram Finance 8.60% Sep 2029 NCD currently offer?

The last recorded trade on 2026-08-26 priced Sundaram Finance 8.60% Sep 2029 NCD at ₹100.36, implying a yield to maturity of 8.45%.

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8
Sundaram Finance 8.04% Oct 2026 NCD
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Coupon
8.04%
Maturity
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7
Sundaram Finance 7.75% Dec 2026 NCD
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Maturity
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7
Sundaram Finance 7.35% Apr 2027 NCD
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Maturity
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8
Sundaram Finance 8.48% May 2027 NCD
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Coupon
8.48%
Maturity
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