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Magma General Insurance 8.75% Mar 2032 NCD

AA- Unsecured NCD

Magma General Insurance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
No live YTM available
Coupon Rate
8.75%
Per annum
Maturity Date
30 Mar 2032
5.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.75%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+188 bps
vs 5.6Y G-Sec at 6.87% *
Below the median spread for similar-tenor peers
Tenure
5.6 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
30 Mar 2027
Interest Payment
₹87,500.00 / Bond
30 Mar 2028
Interest Payment
₹87,500.00 / Bond
30 Mar 2029
Interest Payment
₹87,500.00 / Bond
30 Mar 2030
Interest Payment
₹87,500.00 / Bond
30 Mar 2031
Interest Payment
₹87,500.00 / Bond
30 Mar 2032
Principal Payment
₹1,000,000.00 / Bond

Next 5 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 2026-08-27 Issued 2022-03-30 Matures 2032-03-30

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

Key Metrics
Coupon Rate
8.75%
YTM (Annual)
Credit Rating
AA-
(CARE)
Remaining Tenure
5.6 Years
Advanced metrics
Modified Duration
4.14 Yrs
Macaulay Duration
4.50 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.14 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 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
2022-03-30
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
Callable

Issued by Magma General Insurance Limited, 8.75% UNSECURED RATED UNLISTED SUBORDINATED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/03/2032 is a rated, ncd paying a 8.75% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-27 CRISIL Watch Rating Watch View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2022-03-29
Rating Actions History 1 2026-08-27
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 Magma General Insurance 8.75% Mar 2032 NCD?

Magma General Insurance 8.75% Mar 2032 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹1,000,000.

When does Magma General Insurance 8.75% Mar 2032 NCD mature?

Magma General Insurance 8.75% Mar 2032 NCD matures on 2032-03-30, 5.6 years from today.

What is Magma General Insurance 8.75% Mar 2032 NCD rated?

Magma General Insurance 8.75% Mar 2032 NCD is rated AA- by CARE. As of 2022-03-29.

Is Magma General Insurance 8.75% Mar 2032 NCD secured?

Magma General Insurance 8.75% Mar 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Magma General Insurance 8.75% Mar 2032 NCD be called or put back early?

Magma General Insurance 8.75% Mar 2032 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

Where does Magma General Insurance 8.75% Mar 2032 NCD trade?

Magma General Insurance 8.75% Mar 2032 NCD is listed on UNLISTED.

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Maturity
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Coupon
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Maturity
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