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Magma HDI General Insurance… 9.70% Dec 2033 NCD

AA Unsecured NCD

Magma HDI General Insurance Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
9.14%
Market YTM
Coupon Rate
9.70%
Per annum
Maturity Date
28 Dec 2033
7.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.14%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+256 bps
vs 7.3Y G-Sec at 6.58%
Above the median spread for similar-tenor peers
Tenure
7.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-05 2026-08-27
Cashflow Timeline
28 Dec 2026
Interest Payment
₹9,700.00 / Bond
28 Dec 2027
Interest Payment
₹9,700.00 / Bond
28 Dec 2028
Interest Payment
₹9,700.00 / Bond
28 Dec 2029
Interest Payment
₹9,700.00 / Bond
28 Dec 2030
Interest Payment
₹9,700.00 / Bond
28 Dec 2031
Interest Payment
₹9,700.00 / Bond
28 Dec 2032
Interest Payment
₹9,700.00 / Bond
28 Dec 2033
Principal Payment
₹100,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-12-28 Matures 2033-12-28
Key Metrics
Coupon Rate
9.70%
YTM (Annual)
9.14%
Credit Rating
AA
(CRISIL)
Remaining Tenure
7.3 Years
Advanced metrics
Modified Duration
4.84 Yrs
Macaulay Duration
5.28 Yrs
Issue Size
₹250 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.84 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
BSE
Trades (30 Days)
15
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 15 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.30 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
2023-12-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

MHGICL-9.70%-28-12-33-PVT is a rated, redeemable ncd issued by Magma HDI General Insurance Company Limited. The bond offers a fixed coupon of 9.70% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 101.0000 9.1400 5
2026-08-18 100.0775 9.6000 None
2026-08-14 100.0771 9.6000 None
2026-08-13 101.0000 9.1500 2
2026-08-12 101.0000 9.1500 2
2026-08-11 101.0000 9.1500 4
2026-08-10 100.7400 9.1500 3
2026-08-07 101.0000 9.1500 4
2026-08-06 101.0000 9.1500 1
2026-08-05 100.0766 9.6000 4
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2024-01-31
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-27
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 Magma HDI General Insurance… 9.70% Dec 2033 NCD?

Magma HDI General Insurance… 9.70% Dec 2033 NCD carries a coupon of 9.70%, paid annual, on a face value of ₹100,000.

When does Magma HDI General Insurance… 9.70% Dec 2033 NCD mature?

Magma HDI General Insurance… 9.70% Dec 2033 NCD matures on 2033-12-28, 7.3 years from today.

What is Magma HDI General Insurance… 9.70% Dec 2033 NCD rated?

Magma HDI General Insurance… 9.70% Dec 2033 NCD is rated AA by CRISIL and AA by CARE. As of 2023-12-14.

Is Magma HDI General Insurance… 9.70% Dec 2033 NCD secured?

Magma HDI General Insurance… 9.70% Dec 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Magma HDI General Insurance… 9.70% Dec 2033 NCD trade?

Magma HDI General Insurance… 9.70% Dec 2033 NCD is listed on BSE.

What yield does Magma HDI General Insurance… 9.70% Dec 2033 NCD currently offer?

The last recorded trade on 2026-08-27 priced Magma HDI General Insurance… 9.70% Dec 2033 NCD at ₹101.00, implying a yield to maturity of 9.14%.

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