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Mas Financial Services 10.75% Apr 2028 NCD

A+ Unsecured NCD

Mas Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
10.30%
Market YTM
Coupon Rate
10.75%
Per annum
Maturity Date
28 Apr 2028
1.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
10.30%
Live, last traded 2026-07-17
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+487 bps
vs 1.7Y G-Sec at 5.43%
Above the median spread for similar-tenor peers
Tenure
1.7 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
29 Aug 2026
Interest Payment
₹8,958.33 / Bond
29 Sep 2026
Interest Payment
₹8,958.33 / Bond
29 Oct 2026
Interest Payment
₹8,958.33 / Bond
29 Nov 2026
Interest Payment
₹8,958.33 / Bond
29 Dec 2026
Interest Payment
₹8,958.33 / Bond
29 Jan 2027
Interest Payment
₹8,958.33 / Bond
28 Feb 2027
Interest Payment
₹8,958.33 / Bond
29 Mar 2027
Interest Payment
₹8,958.33 / Bond
28 Apr 2028
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-09-29 Matures 2028-04-28
Key Metrics
Coupon Rate
10.75%
YTM (Annual)
10.30%
Credit Rating
A+
(CARE)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.52 Yrs
Macaulay Duration
1.53 Yrs
Issue Size
₹25 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.52 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-07-17
BSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.75 percentage points above 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
2022-09-29
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by Mas Financial Services Limited, 10.75% UNSECURED RATED UNLISTED SUBORDINATE REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT.DATE OF MATURITY 28/04/2028. is a rated, ncd paying a 10.75% p.a. coupon monthly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-17 101.4700 10.3000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2022-09-10
Rating Actions History 0
Secondary-Market Trades 1 BSE 2026-07-17
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 10.75% Apr 2028 NCD?

Mas Financial Services 10.75% Apr 2028 NCD carries a coupon of 10.75%, paid monthly, on a face value of ₹1,000,000.

When does Mas Financial Services 10.75% Apr 2028 NCD mature?

Mas Financial Services 10.75% Apr 2028 NCD matures on 2028-04-28, 1.7 years from today.

What is Mas Financial Services 10.75% Apr 2028 NCD rated?

Mas Financial Services 10.75% Apr 2028 NCD is rated A+ by CARE. As of 2022-09-10.

Is Mas Financial Services 10.75% Apr 2028 NCD secured?

Mas Financial Services 10.75% Apr 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Mas Financial Services 10.75% Apr 2028 NCD trade?

Mas Financial Services 10.75% Apr 2028 NCD is listed on UNLISTED.

What yield does Mas Financial Services 10.75% Apr 2028 NCD currently offer?

The last recorded trade on 2026-07-17 priced Mas Financial Services 10.75% Apr 2028 NCD at ₹101.47, implying a yield to maturity of 10.30%.

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