M
A Secured NCD

Muthoot Mcred Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
10.60%
Market YTM
Coupon Rate
9.65%
Per annum
Maturity Date
25 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
10.60%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+570 bps
vs 2.0Y G-Sec at 4.90%
Top 17% of similar-tenor peers by spread
Tenure
2.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-05 2026-08-25
Cashflow Timeline
25 Sep 2026
Interest Payment
₹80.42 / Bond
25 Oct 2026
Interest Payment
₹80.42 / Bond
25 Nov 2026
Interest Payment
₹80.42 / Bond
25 Dec 2026
Interest Payment
₹80.42 / Bond
25 Jan 2027
Interest Payment
₹80.42 / Bond
25 Feb 2027
Interest Payment
₹80.42 / Bond
25 Mar 2027
Interest Payment
₹80.42 / Bond
25 Apr 2027
Interest Payment
₹80.42 / Bond
25 Aug 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 2026-02-25 Matures 2028-08-25
Key Metrics
Coupon Rate
9.65%
YTM (Annual)
10.60%
Credit Rating
A
(ICRA)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.80 Yrs
Macaulay Duration
1.81 Yrs
Issue Size
₹90 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
1.80 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 0.35 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-02-25
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Muthoot Mcred Limited, 9.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES III DATE OF MATURITY 25/08/2028 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 99.1400 10.6000 1
2026-08-21 101.1400 9.4000 1
2026-08-19 100.3400 9.9600 4
2026-08-18 100.1300 10.0000 1
2026-08-17 98.2282 11.1500 None
2026-08-12 98.8800 10.7500 1
2026-08-11 100.1300 10.0000 1
2026-08-07 100.1400 10.0000 1
2026-08-06 99.9900 10.0800 2
2026-08-05 100.3600 9.8700 5
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-03-06
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 9.65% Aug 2028 NCD?

Muthoot Mcred 9.65% Aug 2028 NCD carries a coupon of 9.65%, paid monthly, on a face value of ₹10,000.

When does Muthoot Mcred 9.65% Aug 2028 NCD mature?

Muthoot Mcred 9.65% Aug 2028 NCD matures on 2028-08-25, 2.0 years from today.

What is Muthoot Mcred 9.65% Aug 2028 NCD rated?

Muthoot Mcred 9.65% Aug 2028 NCD is rated A by ICRA. As of 2026-03-06.

Is Muthoot Mcred 9.65% Aug 2028 NCD secured?

Muthoot Mcred 9.65% Aug 2028 NCD is a secured bond.

What yield does Muthoot Mcred 9.65% Aug 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Muthoot Mcred 9.65% Aug 2028 NCD at ₹99.14, implying a yield to maturity of 10.60%.

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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