M

Mahanagar Telephone Nigam 7.87% Dec 2032 NCD

AAA Unsecured NCD

Mahanagar Telephone Nigam Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

Current YTM
8.12%
Market YTM
Coupon Rate
7.87%
Per annum
Maturity Date
01 Dec 2032
6.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.12%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+213 bps
vs 6.3Y G-Sec at 5.98%
Above the median spread for similar-tenor peers
Tenure
6.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-20
Cashflow Timeline
1 Dec 2026
Interest Payment
₹39,350.00 / Bond
1 Jun 2027
Interest Payment
₹39,350.00 / Bond
1 Dec 2027
Interest Payment
₹39,350.00 / Bond
1 Jun 2028
Interest Payment
₹39,350.00 / Bond
1 Dec 2028
Interest Payment
₹39,350.00 / Bond
1 Jun 2029
Interest Payment
₹39,350.00 / Bond
1 Dec 2029
Interest Payment
₹39,350.00 / Bond
1 Jun 2030
Interest Payment
₹39,350.00 / Bond
1 Dec 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 2022-12-01 Matures 2032-12-01

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

Key Metrics
Coupon Rate
7.87%
YTM (Annual)
8.12%
Credit Rating
AAA
(CARE)
Remaining Tenure
6.3 Years
Advanced metrics
Modified Duration
4.76 Yrs
Macaulay Duration
4.96 Yrs
Issue Size
₹2,758 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.76 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-20
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.13 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2022-12-01
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Mahanagar Telephone Nigam Ltd., 7.87% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES VII B DATE OF MATURITY 01/12/2032. is a rated, ncd paying a 7.87% p.a. coupon semi annual. The instrument 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
2026-08-20 99.5259 8.1150 None
2026-08-19 99.5025 8.1200 None
2026-07-30 100.9300 7.8200 1
2026-07-10 98.4207 8.3500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2022-11-02
Rating Actions History 1 2026-08-25
Secondary-Market Trades 4 NSE OTC (WAP) 2026-08-20
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 Mahanagar Telephone Nigam 7.87% Dec 2032 NCD?

Mahanagar Telephone Nigam 7.87% Dec 2032 NCD carries a coupon of 7.87%, paid semi annual, on a face value of ₹1,000,000.

When does Mahanagar Telephone Nigam 7.87% Dec 2032 NCD mature?

Mahanagar Telephone Nigam 7.87% Dec 2032 NCD matures on 2032-12-01, 6.3 years from today.

What is Mahanagar Telephone Nigam 7.87% Dec 2032 NCD rated?

Mahanagar Telephone Nigam 7.87% Dec 2032 NCD is rated AAA by CARE. As of 2022-11-02.

Is Mahanagar Telephone Nigam 7.87% Dec 2032 NCD secured?

Mahanagar Telephone Nigam 7.87% Dec 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Mahanagar Telephone Nigam 7.87% Dec 2032 NCD currently offer?

The last recorded trade on 2026-08-20 priced Mahanagar Telephone Nigam 7.87% Dec 2032 NCD at ₹99.53, implying a yield to maturity of 8.12%.

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Mahanagar Telephone Nigam 8.00% Nov 2032 NCD
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7
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