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Mas Financial Services 10.75% Jul 2029 NCD

A+ Unsecured NCD

Mas Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2029

Current YTM
9.65%
Market YTM
Coupon Rate
10.75%
Per annum
Maturity Date
08 Jul 2029
2.9 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.65%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+358 bps
vs 2.9Y G-Sec at 6.07%
Above the median spread for similar-tenor peers
Tenure
2.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-20
Cashflow Timeline
8 Sep 2026
Interest Payment
₹895.83 / Bond
8 Oct 2026
Interest Payment
₹895.83 / Bond
8 Nov 2026
Interest Payment
₹895.83 / Bond
8 Dec 2026
Interest Payment
₹895.83 / Bond
8 Jan 2027
Interest Payment
₹895.83 / Bond
8 Feb 2027
Interest Payment
₹895.83 / Bond
8 Mar 2027
Interest Payment
₹895.83 / Bond
8 Apr 2027
Interest Payment
₹895.83 / Bond
8 Jul 2029
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 2023-12-08 Matures 2029-07-08
Key Metrics
Coupon Rate
10.75%
YTM (Annual)
9.65%
Credit Rating
A+
(CARE)
Remaining Tenure
2.9 Years
Advanced metrics
Modified Duration
2.45 Yrs
Macaulay Duration
2.46 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.45 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-20
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 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
2023-12-08
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 DEBENTURE DATE OF MATURITY 08/07/2029 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
2026-08-20 103.7700 9.6500 1
2026-08-11 101.7900 10.5000 1
2026-08-10 101.6800 10.5500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2023-12-01
Rating Actions History 0
Secondary-Market Trades 3 BSE 2026-08-20
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% Jul 2029 NCD?

Mas Financial Services 10.75% Jul 2029 NCD carries a coupon of 10.75%, paid monthly, on a face value of ₹100,000.

When does Mas Financial Services 10.75% Jul 2029 NCD mature?

Mas Financial Services 10.75% Jul 2029 NCD matures on 2029-07-08, 2.9 years from today.

What is Mas Financial Services 10.75% Jul 2029 NCD rated?

Mas Financial Services 10.75% Jul 2029 NCD is rated A+ by CARE. As of 2023-12-01.

Is Mas Financial Services 10.75% Jul 2029 NCD secured?

Mas Financial Services 10.75% Jul 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Mas Financial Services 10.75% Jul 2029 NCD currently offer?

The last recorded trade on 2026-08-20 priced Mas Financial Services 10.75% Jul 2029 NCD at ₹103.77, implying a yield to maturity of 9.65%.

More Bonds from This Issuer
9
Mas Financial Services 9.75% Sep 2026 NCD
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Coupon
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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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