M
A Secured NCD

Muthoot Mcred Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
11.09%
Market YTM
Coupon Rate
9.75%
Per annum
Maturity Date
29 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
11.09%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+619 bps
vs 2.0Y G-Sec at 4.90%
Top 15% of similar-tenor peers by spread
Tenure
2.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-11 2026-08-25
Cashflow Timeline
29 Aug 2026
Interest Payment
₹8.12 / Bond
29 Sep 2026
Interest Payment
₹8.12 / Bond
29 Oct 2026
Interest Payment
₹8.12 / Bond
29 Nov 2026
Interest Payment
₹8.12 / Bond
29 Dec 2026
Interest Payment
₹8.12 / Bond
29 Jan 2027
Interest Payment
₹8.12 / Bond
28 Feb 2027
Interest Payment
₹8.12 / Bond
29 Mar 2027
Interest Payment
₹8.12 / Bond
29 Aug 2028
Principal Payment
₹1,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-08-29 Matures 2028-08-29
Key Metrics
Coupon Rate
9.75%
YTM (Annual)
11.09%
Credit Rating
A
(ICRA)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.81 Yrs
Macaulay Duration
1.82 Yrs
Issue Size
₹87 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.81 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
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 0.25 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
2025-08-29
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Muthoot Mcred Limited, 9.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES III DATE OF MATURITY 29/08/2028 is a secured, rated, ncd paying a 9.75% p.a. coupon monthly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 98.5000 11.0900 1
2026-08-21 99.1200 10.7200 2
2026-08-20 100.2800 10.0200 3
2026-08-19 100.5800 9.8500 1
2026-08-18 100.1000 10.1400 5
2026-08-17 99.0400 10.7600 4
2026-08-14 99.6300 10.4100 3
2026-08-13 99.9500 10.2200 9
2026-08-12 99.4200 10.5300 9
2026-08-11 98.3900 11.1500 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2025-07-30
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-25
Reg52(4) Payment Disclosures 0
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 Muthoot Mcred 9.75% Aug 2028 NCD?

Muthoot Mcred 9.75% Aug 2028 NCD carries a coupon of 9.75%, paid monthly, on a face value of ₹1,000.

When does Muthoot Mcred 9.75% Aug 2028 NCD mature?

Muthoot Mcred 9.75% Aug 2028 NCD matures on 2028-08-29, 2.0 years from today.

What is Muthoot Mcred 9.75% Aug 2028 NCD rated?

Muthoot Mcred 9.75% Aug 2028 NCD is rated A by ICRA. As of 2025-07-30.

Is Muthoot Mcred 9.75% Aug 2028 NCD secured?

Muthoot Mcred 9.75% Aug 2028 NCD is a secured bond.

What yield does Muthoot Mcred 9.75% Aug 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Muthoot Mcred 9.75% Aug 2028 NCD at ₹98.50, implying a yield to maturity of 11.09%.

More Bonds from This Issuer
S
Muthoot Mcred ZC Nov 2026 NCD
A
Coupon
Maturity
12 Nov 2026
S
Muthoot Mcred ZC Jan 2027 NCD
A-
Coupon
Maturity
18 Jan 2027
9
Muthoot Mcred 9.00% Jan 2027 NCD
A-
Coupon
9.00%
Maturity
18 Jan 2027
9
Muthoot Mcred 9.00% Feb 2027 NCD
A
Coupon
9.00%
Maturity
28 Feb 2027
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