M
A / Stable Secured NCD

Muthoot Mcred Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
10.67%
Market YTM
Coupon Rate
9.65%
Per annum
Maturity Date
18 Sep 2028
2.1 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
10.67%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+594 bps
vs 2.1Y G-Sec at 4.73%
Top 15% of similar-tenor peers by spread
Tenure
2.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-12 2026-08-25
Cashflow Timeline
18 Sep 2026
Interest Payment
₹80.42 / Bond
18 Oct 2026
Interest Payment
₹80.42 / Bond
18 Nov 2026
Interest Payment
₹80.42 / Bond
18 Dec 2026
Interest Payment
₹80.42 / Bond
18 Jan 2027
Interest Payment
₹80.42 / Bond
18 Feb 2027
Interest Payment
₹80.42 / Bond
18 Mar 2027
Interest Payment
₹80.42 / Bond
18 Apr 2027
Interest Payment
₹80.42 / Bond
18 Sep 2028
Principal Payment
₹10,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹10,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-03-18 Matures 2028-09-18
Key Metrics
Coupon Rate
9.65%
YTM (Annual)
10.67%
Credit Rating
A
(ICRA)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.85 Yrs
Macaulay Duration
1.86 Yrs
Issue Size
₹210 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
1.85 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
BSE
Trades (30 Days)
21
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 21 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.35 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 6 Aug 2026
Instrument Type
NCD
Issue Date
2026-03-18
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Muthoot Mcred Limited, MML-9.65%-18-09-28-PVT is a secured, rated, ncd paying a 9.65% p.a. coupon monthly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 99.0100 10.6700 6
2026-08-24 99.0000 10.6700 6
2026-08-21 98.8600 10.7500 2
2026-08-20 100.6700 9.6900 2
2026-08-19 99.5900 10.3200 10
2026-08-18 98.8000 10.7800 28
2026-08-17 99.0300 10.6500 44
2026-08-14 99.0300 10.6100 22
2026-08-13 99.0800 10.6100 31
2026-08-12 99.5100 10.3600 42
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-03-31
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-25
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
6 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 MCRED 9.65% Sep 2028 NCD?

MUTHOOT MCRED 9.65% Sep 2028 NCD carries a coupon of 9.65%, paid monthly, on a face value of ₹10,000.

When does MUTHOOT MCRED 9.65% Sep 2028 NCD mature?

MUTHOOT MCRED 9.65% Sep 2028 NCD matures on 2028-09-18, 2.1 years from today.

What is MUTHOOT MCRED 9.65% Sep 2028 NCD rated?

MUTHOOT MCRED 9.65% Sep 2028 NCD is rated A by ICRA. As of 2026-03-31.

Is MUTHOOT MCRED 9.65% Sep 2028 NCD secured?

MUTHOOT MCRED 9.65% Sep 2028 NCD is a secured bond.

Where does MUTHOOT MCRED 9.65% Sep 2028 NCD trade?

MUTHOOT MCRED 9.65% Sep 2028 NCD is listed on BSE.

What yield does MUTHOOT MCRED 9.65% Sep 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced MUTHOOT MCRED 9.65% Sep 2028 NCD at ₹99.01, implying a yield to maturity of 10.67%.

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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