Magma General Insurance 9.70% Mar 2034 NCD
Magma General Insurance Limited
Unsecured, Rated, Taxable, Redeemable NCD
Browse: AA rated bonds · bonds maturing in 2034
Next 7 coupons + principal at maturity · per ₹100,000 face value
1 rating action on file since issue — hover a dot for detail.
Advanced metrics
- This bond is unsecured.
- 2 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)
Magma General Insurance Limited issued this rated, ncd (9.70% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 20/03/2034) carrying a 9.70% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-08-27 | CRISIL | Watch | — | Rating Watch | View → |
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-08-04 | 100.0000 | 9.6425 | None |
| 2026-08-03 | 100.2165 | 9.5675 | None |
| 2026-07-09 | 100.1109 | 9.6005 | None |
| 2026-07-08 | 100.1000 | 9.6045 | None |
| 2026-07-02 | 100.1000 | 9.6069 | None |
| 2026-06-30 | 100.1000 | 9.6069 | None |
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | CARE | 2024-02-21 |
| Rating Actions History | 1 | — | 2026-08-27 |
| Secondary-Market Trades | 6 | NSE OTC (WAP) | 2026-08-04 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Entity metadata
- Source
- nsdl_master_promoted
- Last Updated
- 16 Jul 2026
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What is the coupon rate on Magma General Insurance 9.70% Mar 2034 NCD?
Magma General Insurance 9.70% Mar 2034 NCD carries a coupon of 9.70%, paid annual, on a face value of ₹100,000.
When does Magma General Insurance 9.70% Mar 2034 NCD mature?
Magma General Insurance 9.70% Mar 2034 NCD matures on 2034-03-20, 7.6 years from today.
What is Magma General Insurance 9.70% Mar 2034 NCD rated?
Magma General Insurance 9.70% Mar 2034 NCD is rated AA by CARE. As of 2024-02-21.
Is Magma General Insurance 9.70% Mar 2034 NCD secured?
Magma General Insurance 9.70% Mar 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Can Magma General Insurance 9.70% Mar 2034 NCD be called or put back early?
Magma General Insurance 9.70% Mar 2034 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.
What yield does Magma General Insurance 9.70% Mar 2034 NCD currently offer?
The last recorded trade on 2026-08-04 priced Magma General Insurance 9.70% Mar 2034 NCD at ₹100.00, implying a yield to maturity of 9.64%.