S
AAA Unsecured NCD

Sundaram Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
8.24%
Per annum
Maturity Date
15 Nov 2033
7.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~8.24%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+163 bps
vs 7.2Y G-Sec at 6.61% *
Below the median spread for similar-tenor peers
Tenure
7.2 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
15 Nov 2026
Interest Payment
₹8,240.00 / Bond
15 Nov 2027
Interest Payment
₹8,240.00 / Bond
15 Nov 2028
Interest Payment
₹8,240.00 / Bond
15 Nov 2029
Interest Payment
₹8,240.00 / Bond
15 Nov 2030
Interest Payment
₹8,240.00 / Bond
15 Nov 2031
Interest Payment
₹8,240.00 / Bond
15 Nov 2032
Interest Payment
₹8,240.00 / Bond
15 Nov 2033
Principal Payment
₹100,000.00 / Bond

Next 7 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 2023-11-15 Matures 2033-11-15

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

Key Metrics
Coupon Rate
8.24%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
7.2 Years
Advanced metrics
Modified Duration
4.97 Yrs
Macaulay Duration
5.38 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.97 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.76 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
2023-11-15
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.24% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES X6 DATE OF MATURITY 15/11/2033 is a rated, redeemable ncd issued by Sundaram Finance Limited. The bond offers a fixed coupon of 8.24% 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 →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2023-11-07
Rating Actions History 4 2026-08-27
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 8.24% Nov 2033 NCD?

Sundaram Finance 8.24% Nov 2033 NCD carries a coupon of 8.24%, paid annual, on a face value of ₹100,000.

When does Sundaram Finance 8.24% Nov 2033 NCD mature?

Sundaram Finance 8.24% Nov 2033 NCD matures on 2033-11-15, 7.2 years from today.

What is Sundaram Finance 8.24% Nov 2033 NCD rated?

Sundaram Finance 8.24% Nov 2033 NCD is rated AAA by ICRA. As of 2023-11-07.

Is Sundaram Finance 8.24% Nov 2033 NCD secured?

Sundaram Finance 8.24% Nov 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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
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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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