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Mas Financial Services 10.75% Oct 2028 NCD

A+ Unsecured NCD

Mas Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
10.50%
Market YTM
Coupon Rate
10.75%
Per annum
Maturity Date
27 Oct 2028
2.2 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
10.50%
Live, last traded 2026-07-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+596 bps
vs 2.2Y G-Sec at 4.54%
Top 14% of similar-tenor peers by spread
Tenure
2.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-06 2026-07-27
Cashflow Timeline
27 Sep 2026
Interest Payment
₹895.83 / Bond
27 Oct 2026
Interest Payment
₹895.83 / Bond
27 Nov 2026
Interest Payment
₹895.83 / Bond
27 Dec 2026
Interest Payment
₹895.83 / Bond
27 Jan 2027
Interest Payment
₹895.83 / Bond
27 Feb 2027
Interest Payment
₹895.83 / Bond
27 Mar 2027
Interest Payment
₹895.83 / Bond
27 Apr 2027
Interest Payment
₹895.83 / Bond
27 Oct 2028
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-03-27 Matures 2028-10-27
Key Metrics
Coupon Rate
10.75%
YTM (Annual)
10.50%
Credit Rating
A+
(CARE)
Remaining Tenure
2.2 Years
Advanced metrics
Modified Duration
1.92 Yrs
Macaulay Duration
1.94 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.92 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-07-27
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 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-03-27
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Mas Financial Services Limited, 10.75% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT DATE OF MATURITY 27/10/2028 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
2026-07-27 101.4300 10.5000 1
2026-07-17 101.4400 10.5000 2
2026-07-13 100.9800 10.7500 1
2026-07-06 101.4600 10.5000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2023-02-28
Rating Actions History 0
Secondary-Market Trades 4 BSE 2026-07-27
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% Oct 2028 NCD?

Mas Financial Services 10.75% Oct 2028 NCD carries a coupon of 10.75%, paid monthly, on a face value of ₹100,000.

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

Mas Financial Services 10.75% Oct 2028 NCD matures on 2028-10-27, 2.2 years from today.

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

Mas Financial Services 10.75% Oct 2028 NCD is rated A+ by CARE. As of 2023-02-28.

Is Mas Financial Services 10.75% Oct 2028 NCD secured?

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

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

The last recorded trade on 2026-07-27 priced Mas Financial Services 10.75% Oct 2028 NCD at ₹101.43, implying a yield to maturity of 10.50%.

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
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
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Maturity
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