M
AA+ Secured NCD

Muthoot Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
8.46%
Market YTM
Coupon Rate
7.90%
Per annum
Maturity Date
30 May 2031
4.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.46%
Live, last traded 2026-07-22
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+194 bps
vs 4.8Y G-Sec at 6.52%
Below the median spread for similar-tenor peers
Tenure
4.8 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
31 May 2027
Interest Payment
₹79,000.00 / Bond
31 May 2028
Interest Payment
₹79,000.00 / Bond
31 May 2029
Interest Payment
₹79,000.00 / Bond
31 May 2030
Interest Payment
₹79,000.00 / Bond
30 May 2031
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2021-05-31 Matures 2031-05-30
Key Metrics
Coupon Rate
7.90%
YTM (Annual)
8.46%
Credit Rating
AA+
(ICRA)
Remaining Tenure
4.8 Years
Advanced metrics
Modified Duration
3.75 Yrs
Macaulay Duration
4.07 Yrs
Issue Size
₹215 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.75 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-22
BSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.10 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
2021-05-31
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 18A- OPTION I. DATE OF MATURITY – 30/05/2031 is a secured, rated, redeemable ncd issued by Muthoot Finance Limited. The bond offers a fixed coupon of 7.90% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-22 97.8000 8.4600 1
2026-07-17 98.1100 8.3800 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2021-05-19
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-07-22
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 Muthoot Finance 7.90% May 2031 NCD?

Muthoot Finance 7.90% May 2031 NCD carries a coupon of 7.90%, paid annual, on a face value of ₹1,000,000.

When does Muthoot Finance 7.90% May 2031 NCD mature?

Muthoot Finance 7.90% May 2031 NCD matures on 2031-05-30, 4.8 years from today.

What is Muthoot Finance 7.90% May 2031 NCD rated?

Muthoot Finance 7.90% May 2031 NCD is rated AA+ by ICRA. As of 2021-05-19.

Is Muthoot Finance 7.90% May 2031 NCD secured?

Muthoot Finance 7.90% May 2031 NCD is a secured bond.

What yield does Muthoot Finance 7.90% May 2031 NCD currently offer?

The last recorded trade on 2026-07-22 priced Muthoot Finance 7.90% May 2031 NCD at ₹97.80, implying a yield to maturity of 8.46%.

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Coupon
Maturity
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7
Muthoot Finance 7.75% Oct 2026 NCD
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Maturity
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Muthoot Finance 8.00% Oct 2026 NCD
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Coupon
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Maturity
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Muthoot Finance 8.85% Dec 2026 NCD
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Coupon
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Maturity
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