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Motilal Oswal Financial Serv… 9.70% May 2034 NCD

AA Secured NCD

Motilal Oswal Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2034

Current YTM
6.84%
Market YTM
Coupon Rate
9.70%
Per annum
Maturity Date
09 May 2034
7.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
6.84%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+18 bps
vs 7.7Y G-Sec at 6.66%
Below the median spread for similar-tenor peers
Tenure
7.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-25 2026-08-24
Cashflow Timeline
9 May 2027
Interest Payment
₹97.00 / Bond
9 May 2028
Interest Payment
₹97.00 / Bond
9 May 2029
Interest Payment
₹97.00 / Bond
9 May 2030
Interest Payment
₹97.00 / Bond
9 May 2031
Interest Payment
₹97.00 / Bond
9 May 2032
Interest Payment
₹97.00 / Bond
9 May 2033
Interest Payment
₹97.00 / Bond
9 May 2034
Principal Payment
₹1,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Upgrade: AA by CRISIL on 2026-07-22 Issued 2024-05-09 Matures 2034-05-09

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

Key Metrics
Coupon Rate
9.70%
YTM (Annual)
6.84%
Credit Rating
AA
(CRISIL)
Remaining Tenure
7.7 Years
Advanced metrics
Modified Duration
5.41 Yrs
Macaulay Duration
5.78 Yrs
Issue Size
₹227 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
5.41 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
NSE CM
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.30 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2024-05-09
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Motilal Oswal Financial Services Limited issued this secured, rated, ncd (9.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES VIII DATE OF MATURITY 09/05/2034) carrying a 9.70% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-22 CRISIL Upgrade AA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 116.9000 6.8393 None
2026-08-20 107.0600 8.4000 1
2026-08-13 107.5000 8.3599 None
2026-08-12 107.7910 8.3109 None
2026-08-10 108.0250 8.2721 None
2026-08-07 107.4080 8.3775 None
2026-08-06 109.0000 8.1101 None
2026-06-25 108.0000 8.2927 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2026-07-22
Rating Actions History 1 2026-07-22
Secondary-Market Trades 8 NSE CM 2026-08-24
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 Motilal Oswal Financial Serv… 9.70% May 2034 NCD?

Motilal Oswal Financial Serv… 9.70% May 2034 NCD carries a coupon of 9.70%, paid annual, on a face value of ₹1,000.

When does Motilal Oswal Financial Serv… 9.70% May 2034 NCD mature?

Motilal Oswal Financial Serv… 9.70% May 2034 NCD matures on 2034-05-09, 7.7 years from today.

What is Motilal Oswal Financial Serv… 9.70% May 2034 NCD rated?

Motilal Oswal Financial Serv… 9.70% May 2034 NCD is rated AA by CRISIL and AA by INDIA_RATINGS. As of 2026-07-22.

Is Motilal Oswal Financial Serv… 9.70% May 2034 NCD secured?

Motilal Oswal Financial Serv… 9.70% May 2034 NCD is a secured bond.

What yield does Motilal Oswal Financial Serv… 9.70% May 2034 NCD currently offer?

The last recorded trade on 2026-08-24 priced Motilal Oswal Financial Serv… 9.70% May 2034 NCD at ₹116.90, implying a yield to maturity of 6.84%.

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