M

Mahanagar Telephone Nigam 6.85% Dec 2030 NCD

AAA Unsecured NCD

Mahanagar Telephone Nigam Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
5.85%
Market YTM
Coupon Rate
6.85%
Per annum
Maturity Date
20 Dec 2030
4.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
5.85%
Live, last traded 2026-08-10
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+2 bps
vs 4.3Y G-Sec at 5.83%
Below the median spread for similar-tenor peers
Tenure
4.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-08-10
Cashflow Timeline
21 Dec 2026
Interest Payment
₹34,250.00 / Bond
21 Jun 2027
Interest Payment
₹34,250.00 / Bond
21 Dec 2027
Interest Payment
₹34,250.00 / Bond
21 Jun 2028
Interest Payment
₹34,250.00 / Bond
21 Dec 2028
Interest Payment
₹34,250.00 / Bond
21 Jun 2029
Interest Payment
₹34,250.00 / Bond
21 Dec 2029
Interest Payment
₹34,250.00 / Bond
21 Jun 2030
Interest Payment
₹34,250.00 / Bond
20 Dec 2030
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today On watch: by CRISIL on 2026-08-25 Issued 2020-12-21 Matures 2030-12-20

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
6.85%
YTM (Annual)
5.85%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.3 Years
Advanced metrics
Modified Duration
3.66 Yrs
Macaulay Duration
3.77 Yrs
Issue Size
₹2,139 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.66 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-10
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 3.15 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
2020-12-21
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

MTNL-6.85%-20-12-30-PVT is a rated, redeemable ncd issued by Mahanagar Telephone Nigam Ltd.. The bond offers a fixed coupon of 6.85% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Watch Watch Negative View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-10 103.5000 5.8500 None
2026-08-07 96.3093 8.0100 None
2026-08-04 96.2000 8.0400 1
2026-07-30 96.9500 7.8200 2
2026-07-15 96.6700 7.9000 4
2026-07-10 92.0200 9.2700 1
2026-07-09 92.0100 9.2700 3
2026-07-07 95.7400 8.1600 None
2026-06-30 95.6825 8.1720 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2020-12-31
Rating Actions History 1 2026-08-25
Secondary-Market Trades 9 NSE OTC (WAP) 2026-08-10
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 Mahanagar Telephone Nigam 6.85% Dec 2030 NCD?

Mahanagar Telephone Nigam 6.85% Dec 2030 NCD carries a coupon of 6.85%, paid semi annual, on a face value of ₹1,000,000.

When does Mahanagar Telephone Nigam 6.85% Dec 2030 NCD mature?

Mahanagar Telephone Nigam 6.85% Dec 2030 NCD matures on 2030-12-20, 4.3 years from today.

What is Mahanagar Telephone Nigam 6.85% Dec 2030 NCD rated?

Mahanagar Telephone Nigam 6.85% Dec 2030 NCD is rated AAA by CRISIL. As of 2020-12-31.

Is Mahanagar Telephone Nigam 6.85% Dec 2030 NCD secured?

Mahanagar Telephone Nigam 6.85% Dec 2030 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Mahanagar Telephone Nigam 6.85% Dec 2030 NCD trade?

Mahanagar Telephone Nigam 6.85% Dec 2030 NCD is listed on BSE.

What yield does Mahanagar Telephone Nigam 6.85% Dec 2030 NCD currently offer?

The last recorded trade on 2026-08-10 priced Mahanagar Telephone Nigam 6.85% Dec 2030 NCD at ₹103.50, implying a yield to maturity of 5.85%.

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