M
AA+ Secured NCD

Muthoot Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
8.40%
Market YTM
Coupon Rate
8.65%
Per annum
Maturity Date
31 Jan 2028
1.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.40%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+245 bps
vs 1.4Y G-Sec at 5.95%
Below the median spread for similar-tenor peers
Tenure
1.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-20
Cashflow Timeline
31 Jan 2027
Interest Payment
₹8,650.00 / Bond
31 Jan 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-01-31 Matures 2028-01-31
Key Metrics
Coupon Rate
8.65%
YTM (Annual)
8.40%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
1.4 Years
Advanced metrics
Modified Duration
1.24 Yrs
Macaulay Duration
1.34 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.24 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.35 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
2025-01-31
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Muthoot Finance Limited issued this secured, rated, ncd (8.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/01/2028) carrying a 8.65% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-20 100.2400 8.4000 1
2026-08-19 100.2300 8.4100 1
2026-08-18 100.2157 8.4200 4
2026-08-17 100.4000 8.2800 3
2026-08-13 100.1646 8.4600 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2024-09-09
Rating Actions History 0
Secondary-Market Trades 5 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 Muthoot Finance 8.65% Jan 2028 NCD?

Muthoot Finance 8.65% Jan 2028 NCD carries a coupon of 8.65%, paid annual, on a face value of ₹100,000.

When does Muthoot Finance 8.65% Jan 2028 NCD mature?

Muthoot Finance 8.65% Jan 2028 NCD matures on 2028-01-31, 1.4 years from today.

What is Muthoot Finance 8.65% Jan 2028 NCD rated?

Muthoot Finance 8.65% Jan 2028 NCD is rated AA+ by CRISIL. As of 2024-09-09.

Is Muthoot Finance 8.65% Jan 2028 NCD secured?

Muthoot Finance 8.65% Jan 2028 NCD is a secured bond.

What yield does Muthoot Finance 8.65% Jan 2028 NCD currently offer?

The last recorded trade on 2026-08-20 priced Muthoot Finance 8.65% Jan 2028 NCD at ₹100.24, implying a yield to maturity of 8.40%.

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