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Mahanagar Telephone Nigam 8.00% Nov 2032 NCD

AAA Unsecured NCD

Mahanagar Telephone Nigam Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

Current YTM
8.55%
Market YTM
Coupon Rate
8.00%
Per annum
Maturity Date
15 Nov 2032
6.2 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.55%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+244 bps
vs 6.2Y G-Sec at 6.11%
Above the median spread for similar-tenor peers
Tenure
6.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-25
Cashflow Timeline
15 Nov 2026
Interest Payment
₹40,000.00 / Bond
15 May 2027
Interest Payment
₹40,000.00 / Bond
15 Nov 2027
Interest Payment
₹40,000.00 / Bond
15 May 2028
Interest Payment
₹40,000.00 / Bond
15 Nov 2028
Interest Payment
₹40,000.00 / Bond
15 May 2029
Interest Payment
₹40,000.00 / Bond
15 Nov 2029
Interest Payment
₹40,000.00 / Bond
15 May 2030
Interest Payment
₹40,000.00 / Bond
15 Nov 2032
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 2022-11-15 Matures 2032-11-15

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

Key Metrics
Coupon Rate
8.00%
YTM (Annual)
8.55%
Credit Rating
AAA
(ICRA)
Remaining Tenure
6.2 Years
Advanced metrics
Modified Duration
4.68 Yrs
Macaulay Duration
4.88 Yrs
Issue Size
₹6,110 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.68 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-25
BSE
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.00 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
2022-11-15
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Mahanagar Telephone Nigam Ltd. issued this rated, ncd (MTNL-8%-15-11-32-PVT) carrying a 8.00% p.a. coupon, paid semi annual. It 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
2026-08-25 98.1600 8.5500 1
2026-08-19 100.2679 8.0912 None
2026-08-13 99.5200 8.2600 1
2026-08-05 100.4600 8.0500 None
2026-08-04 100.5176 8.0386 None
2026-08-03 99.7601 8.2000 None
2026-07-30 101.5600 7.8200 1
2026-07-20 100.9400 7.9500 1
2026-07-10 99.0585 8.3500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2022-11-30
Rating Actions History 1 2026-08-25
Secondary-Market Trades 9 BSE 2026-08-25
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 8.00% Nov 2032 NCD?

Mahanagar Telephone Nigam 8.00% Nov 2032 NCD carries a coupon of 8.00%, paid semi annual, on a face value of ₹1,000,000.

When does Mahanagar Telephone Nigam 8.00% Nov 2032 NCD mature?

Mahanagar Telephone Nigam 8.00% Nov 2032 NCD matures on 2032-11-15, 6.2 years from today.

What is Mahanagar Telephone Nigam 8.00% Nov 2032 NCD rated?

Mahanagar Telephone Nigam 8.00% Nov 2032 NCD is rated AAA by ICRA and AAA by INDIA_RATINGS. As of 2022-11-02.

Is Mahanagar Telephone Nigam 8.00% Nov 2032 NCD secured?

Mahanagar Telephone Nigam 8.00% Nov 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Mahanagar Telephone Nigam 8.00% Nov 2032 NCD trade?

Mahanagar Telephone Nigam 8.00% Nov 2032 NCD is listed on BSE.

What yield does Mahanagar Telephone Nigam 8.00% Nov 2032 NCD currently offer?

The last recorded trade on 2026-08-25 priced Mahanagar Telephone Nigam 8.00% Nov 2032 NCD at ₹98.16, implying a yield to maturity of 8.55%.

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