M
A Secured NCD

Muthoot Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2027

Current YTM
9.70%
Market YTM
Coupon Rate
9.85%
Per annum
Maturity Date
16 Dec 2027
1.3 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.70%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+436 bps
vs 1.3Y G-Sec at 5.34%
Above the median spread for similar-tenor peers
Tenure
1.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-20 2026-08-24
Cashflow Timeline
16 Sep 2026
Interest Payment
₹820.83 / Bond
16 Oct 2026
Interest Payment
₹820.83 / Bond
16 Nov 2026
Interest Payment
₹820.83 / Bond
16 Dec 2026
Interest Payment
₹820.83 / Bond
16 Jan 2027
Interest Payment
₹820.83 / Bond
16 Feb 2027
Interest Payment
₹820.83 / Bond
16 Mar 2027
Interest Payment
₹820.83 / Bond
16 Apr 2027
Interest Payment
₹820.83 / Bond
16 Dec 2027
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: AA by CRISIL on 2026-07-20 Rating action: by CRISIL on 2026-07-16 Initial rating: AA by CRISIL on 2026-07-07 Rating action: AA by CRISIL on 2026-06-24 Issued 2025-12-16 Matures 2027-12-16

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

Key Metrics
Coupon Rate
9.85%
YTM (Annual)
9.70%
Credit Rating
A
(CRISIL)
Remaining Tenure
1.3 Years
Advanced metrics
Modified Duration
1.21 Yrs
Macaulay Duration
1.22 Yrs
Issue Size
₹75 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.21 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-24
BSE
Trades (30 Days)
16
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 16 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.15 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-12-16
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Muthoot Microfin Limited issued this secured, rated, ncd (MML-9.85%-16-12-27-PVT) carrying a 9.85% p.a. coupon, paid monthly. It repays principal on maturity.

Rating Action History 4 actions
DateAgencyActionRatingOutlookRationale
2026-07-20 CRISIL Other AA View →
2026-07-16 CRISIL Other View →
2026-07-07 CRISIL Initial AA View →
2026-06-24 CRISIL Other AA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 100.6900 9.7000 1
2026-08-13 100.6400 9.7500 3
2026-08-10 100.7000 9.7000 2
2026-08-06 100.4700 9.9000 2
2026-07-30 100.4800 9.9000 1
2026-07-29 100.7200 9.7000 2
2026-07-24 100.6600 9.7500 4
2026-07-22 100.6700 9.7500 2
2026-07-21 100.2600 10.0900 7
2026-07-20 100.6700 9.7500 15
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-12-31
Rating Actions History 4 2026-07-20
Secondary-Market Trades 10 BSE 2026-08-24
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Muthoot Microfin 9.85% Dec 2027 NCD?

Muthoot Microfin 9.85% Dec 2027 NCD carries a coupon of 9.85%, paid monthly, on a face value of ₹100,000.

When does Muthoot Microfin 9.85% Dec 2027 NCD mature?

Muthoot Microfin 9.85% Dec 2027 NCD matures on 2027-12-16, 1.3 years from today.

What is Muthoot Microfin 9.85% Dec 2027 NCD rated?

Muthoot Microfin 9.85% Dec 2027 NCD is rated A by CRISIL. As of 2025-12-31.

Is Muthoot Microfin 9.85% Dec 2027 NCD secured?

Muthoot Microfin 9.85% Dec 2027 NCD is a secured bond.

Where does Muthoot Microfin 9.85% Dec 2027 NCD trade?

Muthoot Microfin 9.85% Dec 2027 NCD is listed on BSE.

What yield does Muthoot Microfin 9.85% Dec 2027 NCD currently offer?

The last recorded trade on 2026-08-24 priced Muthoot Microfin 9.85% Dec 2027 NCD at ₹100.69, implying a yield to maturity of 9.70%.

More Bonds from This Issuer
M
Muthoot Microfin 11.46% May 2027 NCD
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Coupon
11.46%
Maturity
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M
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Maturity
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M
Muthoot Microfin 9.80% Sep 2027 NCD
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Coupon
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Maturity
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M
Muthoot Microfin 9.80% Nov 2027 NCD
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Maturity
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