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Mas Financial Services 8.70% Jun 2028 NCD

AA- Secured NCD

Mas Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
8.75%
Market YTM
Coupon Rate
8.70%
Per annum
Maturity Date
24 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.75%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+350 bps
vs 1.8Y G-Sec at 5.25%
Above the median spread for similar-tenor peers
Tenure
1.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-05 2026-08-24
Cashflow Timeline
24 Sep 2026
Interest Payment
₹2,175.00 / Bond
24 Dec 2026
Interest Payment
₹2,175.00 / Bond
24 Mar 2027
Interest Payment
₹2,175.00 / Bond
24 Jun 2027
Interest Payment
₹2,175.00 / Bond
24 Sep 2027
Interest Payment
₹2,175.00 / Bond
24 Dec 2027
Interest Payment
₹2,175.00 / Bond
24 Mar 2028
Interest Payment
₹2,175.00 / Bond
24 Jun 2028
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 2026-06-24 Matures 2028-06-24
Key Metrics
Coupon Rate
8.70%
YTM (Annual)
8.75%
Credit Rating
AA-
(CARE)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.64 Yrs
Macaulay Duration
1.68 Yrs
Issue Size
₹150 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-24
BSE
Trades (30 Days)
15
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 15 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.30 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-06-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 24/06/2028 is a secured, rated, redeemable ncd issued by Mas Financial Services Limited. The bond offers a fixed coupon of 8.70% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 100.3400 8.7500 2
2026-08-20 99.8000 9.1000 3
2026-08-19 100.3500 8.7500 1
2026-08-18 100.2100 8.8400 3
2026-08-14 100.1300 8.8900 1
2026-08-11 99.7100 9.1500 1
2026-08-10 99.5400 9.2700 3
2026-08-07 100.1200 8.9000 1
2026-08-06 100.1000 8.9100 1
2026-08-05 99.1900 9.4800 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2026-06-16
Rating Actions History 0
Secondary-Market Trades 10 BSE 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 Mas Financial Services 8.70% Jun 2028 NCD?

Mas Financial Services 8.70% Jun 2028 NCD carries a coupon of 8.70%, paid quarterly, on a face value of ₹100,000.

When does Mas Financial Services 8.70% Jun 2028 NCD mature?

Mas Financial Services 8.70% Jun 2028 NCD matures on 2028-06-24, 1.8 years from today.

What is Mas Financial Services 8.70% Jun 2028 NCD rated?

Mas Financial Services 8.70% Jun 2028 NCD is rated AA- by CARE. As of 2026-06-16.

Is Mas Financial Services 8.70% Jun 2028 NCD secured?

Mas Financial Services 8.70% Jun 2028 NCD is a secured bond.

What yield does Mas Financial Services 8.70% Jun 2028 NCD currently offer?

The last recorded trade on 2026-08-24 priced Mas Financial Services 8.70% Jun 2028 NCD at ₹100.34, implying a yield to maturity of 8.75%.

More Bonds from This Issuer
9
Mas Financial Services 9.75% Sep 2026 NCD
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Coupon
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Maturity
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M
Mas Financial Services 8.35% Nov 2026 NCD
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Coupon
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Maturity
16 Nov 2026
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Mas Financial Services 9.60% Dec 2026 NCD
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Coupon
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Maturity
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Mas Financial Services 9.60% Dec 2026 NCD
Coupon
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Maturity
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