Muthoot Microfin 9.95% Dec 2028 NCD (INE046W07354)

CRISIL A+ Secured NCD

Muthoot Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

17 more bonds from Muthoot Microfin Limited →

Current YTM

9.80%

Market YTM

Coupon Rate

9.95%

Per annum

Maturity Date

16 Dec 2028

2.1 Yrs to Maturity

Interest Payment

Monthly

Frequency

Face Value

₹1,00,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

5 Nov 2026 Debt securities notice Statement of material deviations in issue proceeds of NCDs
4 Nov 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
31 Oct 2026 Interest payment notice Certificate of payment of interest
23 Oct 2026 Interest payment notice Intimation of Interest Payment on NCDs.
8 Oct 2026 Interest payment notice Intimation of interest payment of NCD

Market Position

YTM (Annual)

9.80%

Last traded 30 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+286 bps

vs 2.1Y G-Sec at 6.94%

Above the median spread for similar-tenor peers

Tenure

2.1 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

8 Sep 202630 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

16 Nov 2026

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 Dec 2026

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 Jan 2027

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 Feb 2027

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 Mar 2027

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 Apr 2027

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 May 2027

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

16 Jun 2027

Interest Payment

₹829.17 / Bond

₹746.25 net of 10% TDS (est.)

…

+17 more coupons until 16 Nov 2028

₹829.17 each / Bond

16 Dec 2028

Final coupon + principal

₹1,00,829.17 / Bond

₹829.17 coupon + ₹1,00,000 face value

26 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

9.95%

YTM (Annual)

9.80%

Credit Rating

A+

(CRISIL) · rated 31 Dec 2025, 10 months ago

Remaining Tenure

2.1 Years

Advanced metrics

Modified Duration

1.88 Yrs

Macaulay Duration

1.89 Yrs

Issue Size

₹75 Cr

Minimum Investment

₹1,00,000

1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

1.88 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Monthly

Last Trade

30 Oct 2026

BSE

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
6 secondary-market trades recorded in the last 30 days.
Coupon is 0.25 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026

Issuer

Muthoot Microfin Limited

Instrument Type

NCD

Issue Date

16 Dec 2025

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Muthoot Microfin 9.95% Dec 2028 NCD is a secured, rated NCD issued by Muthoot Microfin Limited. It pays a 9.95% p.a. coupon, monthly. Principal is repaid at maturity.

Rating Action History

2 actions

Agency actions on Muthoot Microfin Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-09-16	CRISIL	Update	—	—	View →
2026-07-16	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Muthoot Microfin Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-09-16	CRISIL	Update	—	View →
2026-07-16	CRISIL	Update	—	View →

Alert me about Muthoot Microfin Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE046W07354: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-30	100.8900	9.8000	1
2026-10-27	100.3000	10.2000	1
2026-10-09	101.0700	9.7000	1
2026-10-06	100.8400	9.8500	1
2026-10-01	101.0900	9.7000	2
2026-09-25	100.9200	8.9100	2
2026-09-18	100.8700	9.8500	1
2026-09-17	100.8700	9.8500	1
2026-09-16	100.8700	9.8500	1
2026-09-08	101.0400	9.7500	1

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CRISIL	2025-12-31
Rating Actions History	2	—	2026-09-16
Secondary-Market Trades	10	BSE	2026-10-30
Reg52(4) Payment Disclosures	0	—	—

Documents

Entity metadata

Source: BSE
Last Updated: 8 Nov 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.

₹1,00,890.00

YTM9.80%

Trade Date 30 Oct 2026 9d ago

SourceBSE

Accrued interest (est.) · record date unclear₹641.94

Dirty price (est.)₹1,01,531.94

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Muthoot Microfin 9.95% Dec 2028 NCD?

Muthoot Microfin 9.95% Dec 2028 NCD carries a coupon of 9.95%, paid monthly, on a face value of ₹1,00,000.

When does Muthoot Microfin 9.95% Dec 2028 NCD mature?

Muthoot Microfin 9.95% Dec 2028 NCD matures on 16 Dec 2028, 2.1 years from today.

What is Muthoot Microfin 9.95% Dec 2028 NCD rated?

Muthoot Microfin 9.95% Dec 2028 NCD is rated A+ by CRISIL (rating dated 31 Dec 2025).

Is Muthoot Microfin 9.95% Dec 2028 NCD secured?

Muthoot Microfin 9.95% Dec 2028 NCD is a secured bond.

Where does Muthoot Microfin 9.95% Dec 2028 NCD trade?

Muthoot Microfin 9.95% Dec 2028 NCD is listed on BSE.

What yield does Muthoot Microfin 9.95% Dec 2028 NCD currently offer?

The last recorded trade on 30 Oct 2026 priced Muthoot Microfin 9.95% Dec 2028 NCD at ₹1,00,890.00 per bond, implying a yield to maturity of 9.80%.

More Bonds from This Issuer

Muthoot Microfin 11.46% May 2027 NCD

INE046W07172

A-

Coupon

11.46%

Maturity

27 May 2027

View Details

Muthoot Microfin 11.55% Jun 2027 NCD

INE046W07180

A-

Coupon

11.55%

Maturity

03 Jun 2027

View Details

Muthoot Microfin 9.80% Sep 2027 NCD

INE046W07289

A+

Coupon

9.80%

Maturity

12 Sep 2027

View Details

Muthoot Microfin 9.80% Nov 2027 NCD

INE046W07305

A+

Coupon

9.80%

Maturity

04 Nov 2027

View Details

Compare (/) Compare Bonds

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INE08E807167	Shri Ram Finance Corporation Private Limited	A NSDL record, 2026	9.90%	2028-01-22
INE549K08384	Muthoot Fincorp Limited	AA- NSDL record, 2022	9.90%	2028-05-05

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