A
AAA Secured NCD

Axis Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2027

Current YTM
7.35%
Market YTM
Coupon Rate
8.35%
Per annum
Maturity Date
07 May 2027
0.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.35%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+153 bps
vs 0.7Y G-Sec at 5.82%
Below the median spread for similar-tenor peers
Tenure
0.7 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
7 Mar 2027
Interest Payment
₹8,350.00 / Bond
7 May 2027
Principal Payment
₹100,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2024-03-07 Matures 2027-05-07
Key Metrics
Coupon Rate
8.35%
YTM (Annual)
7.35%
Credit Rating
AAA
(CARE)
Remaining Tenure
0.7 Years
Advanced metrics
Modified Duration
0.64 Yrs
Macaulay Duration
0.69 Yrs
Issue Size
₹800 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-17
BSE
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 1.65 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
2024-03-07
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.35% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES AFL 14 2023-24 Option B DATE OF MATURITY 07/05/2027 is a secured, rated, redeemable ncd issued by Axis Finance Limited. The bond offers a fixed coupon of 8.35% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 100.6400 7.3500 2
2026-07-01 100.5700 7.6000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2024-02-29
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-17
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Axis Finance 8.35% May 2027 NCD?

Axis Finance 8.35% May 2027 NCD carries a coupon of 8.35%, paid annual, on a face value of ₹100,000.

When does Axis Finance 8.35% May 2027 NCD mature?

Axis Finance 8.35% May 2027 NCD matures on 2027-05-07, 0.7 years from today.

What is Axis Finance 8.35% May 2027 NCD rated?

Axis Finance 8.35% May 2027 NCD is rated AAA by CARE. As of 2024-02-29.

Is Axis Finance 8.35% May 2027 NCD secured?

Axis Finance 8.35% May 2027 NCD is a secured bond.

What yield does Axis Finance 8.35% May 2027 NCD currently offer?

The last recorded trade on 2026-08-17 priced Axis Finance 8.35% May 2027 NCD at ₹100.64, implying a yield to maturity of 7.35%.

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