Listed bonds, government securities, treasury bills, state loans and sovereign gold bonds: the terms, the last trade and the yield it implies, the agencies' ratings, the issuer's own numbers. Facts and arithmetic; no orders are placed here.
ISIN INE721A07RY0 · non-convertible debenture, secured, senior · issuer Shriram Finance (SHRIRAMFIN) → · NSE SHRIRAMFIN series NC · BSE 975534 · the terms and trades are illustrative: sample values shaped like the real thing, not data Artha holds
Thinly traded: 1 session out of 30, ₹63,953 in all. The yield above is what one trade of 60 units implied on 4 Sep 2026; a larger order would not necessarily fill near it.
Terms
from the depository record, refreshed 21 Sep 2026
Pays 9.16% a year, half-yearly on 15 March and 15 September, until 15 Mar 2030. Secured against the issuer's loan receivables, senior. Rated AA+ (Stable) by CRISIL, 12 Jun 2026. Face value ₹1,000, issued 15 Mar 2023; no put, no call. Debenture trustee: Catalyst Trusteeship.
Coupon 9.16% · frequency 2 · day count actual/actual · issue 15 Mar 2023 · maturity 15 Mar 2030 · face ₹1,000 · put/call none · seniority senior · secured yes · rating AA+ / CRISIL / 12 Jun 2026 · exchanges NSE, BSE · series NC, 975534
Cash-flow schedule: every coupon and the principal as a chart and a table, the member's units when held, the tax line as the rules stand — coming soon
Against the curve
FBIL par yields, 23 Sep 2026
G-sec parAA+ medianthis bond
This bond, 3.5 years to maturity
8.40%
G-sec of the same maturity (FBIL, interpolated)
6.06%
Spread the market charges for this issuer
+234 bps
Median of AA+ NCDs traded this month, 3 to 4 years
8.02%
This bond against that median
+38 bps
Yield at each of the last 1 trades
exchange and reported OTC · six months
Rating history: every action in the agency's words with the rationale linked; no Artha label — coming soon
The issuer's numbers from the stock page: interest coverage, debt to equity, cash from operations against interest paid, loan-book growth, listed debt, pledge, forensic checks, results due, the government's holding for a public-sector issuer — coming soon
Where to buy, all outside Artha: RBI Retail Direct for sovereigns, the member's broker for listed paper with the exchange series shown, SEBI's list of bond platforms; Artha places no orders — coming soon