M
AA+ Secured NCD

Muthoot Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
8.60%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
28 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.60%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+370 bps
vs 2.0Y G-Sec at 4.90%
Above the median spread for similar-tenor peers
Tenure
2.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-20 2026-08-19
Cashflow Timeline
27 Jul 2027
Interest Payment
₹8,400.00 / Bond
27 Jul 2028
Interest Payment
₹8,400.00 / Bond
28 Aug 2028
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-07-27 Matures 2028-08-28
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.60%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.77 Yrs
Macaulay Duration
1.92 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.77 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-19
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.60 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
2023-07-27
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Muthoot Finance Limited issued this secured, rated, ncd (8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 28-A OPTION I DATE OF MATURITY 28/08/2028) carrying a 8.40% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 99.6302 8.6000 None
2026-07-21 100.2300 8.2500 2
2026-07-20 100.2300 8.2500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-06-26
Rating Actions History 0
Secondary-Market Trades 3 NSE OTC (WAP) 2026-08-19
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 8.40% Aug 2028 NCD?

Muthoot Finance 8.40% Aug 2028 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹100,000.

When does Muthoot Finance 8.40% Aug 2028 NCD mature?

Muthoot Finance 8.40% Aug 2028 NCD matures on 2028-08-28, 2.0 years from today.

What is Muthoot Finance 8.40% Aug 2028 NCD rated?

Muthoot Finance 8.40% Aug 2028 NCD is rated AA+ by CRISIL. As of 2023-06-26.

Is Muthoot Finance 8.40% Aug 2028 NCD secured?

Muthoot Finance 8.40% Aug 2028 NCD is a secured bond.

What yield does Muthoot Finance 8.40% Aug 2028 NCD currently offer?

The last recorded trade on 2026-08-19 priced Muthoot Finance 8.40% Aug 2028 NCD at ₹99.63, implying a yield to maturity of 8.60%.

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