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Asirvad Micro Finance 9.10% Mar 2028 NCD

AA- Secured NCD

Asirvad Micro Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
9.90%
Market YTM
Coupon Rate
9.10%
Per annum
Maturity Date
30 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.90%
Live, last traded 2026-07-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+430 bps
vs 1.6Y G-Sec at 5.60%
Above the median spread for similar-tenor peers
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-07-24
Cashflow Timeline
30 Aug 2026
Interest Payment
₹758.33 / Bond
30 Sep 2026
Interest Payment
₹758.33 / Bond
30 Oct 2026
Interest Payment
₹758.33 / Bond
30 Nov 2026
Interest Payment
₹758.33 / Bond
30 Dec 2026
Interest Payment
₹758.33 / Bond
30 Jan 2027
Interest Payment
₹758.33 / Bond
28 Feb 2027
Interest Payment
₹758.33 / Bond
30 Mar 2027
Interest Payment
₹758.33 / Bond
30 Mar 2028
Principal Payment
₹100,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: B by CRISIL on 2026-06-30 Issued 2026-03-30 Matures 2028-03-30

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
9.10%
YTM (Annual)
9.90%
Credit Rating
AA-
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.47 Yrs
Macaulay Duration
1.48 Yrs
Issue Size
₹75 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.47 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-07-24
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 0.90 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
2026-03-30
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Asirvad Micro Finance Limited, 9.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/03/2028 is a secured, rated, ncd paying a 9.10% p.a. coupon monthly. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-30 CRISIL Reaffirm B Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-24 99.3900 9.9000 1
2026-07-20 100.0000 9.4700 1
2026-07-16 99.4591 9.8500 None
2026-07-09 99.6600 9.7100 2
2026-07-08 98.4600 10.0400 3
2026-07-07 99.7000 9.6800 1
2026-07-03 100.0000 9.4700 1
2026-07-02 99.7400 9.6500 1
2026-07-01 104.1200 6.7800 1
2026-06-30 99.4450 9.5293 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-12-17
Rating Actions History 1 2026-06-30
Secondary-Market Trades 10 BSE 2026-07-24
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 Asirvad Micro Finance 9.10% Mar 2028 NCD?

Asirvad Micro Finance 9.10% Mar 2028 NCD carries a coupon of 9.10%, paid monthly, on a face value of ₹100,000.

When does Asirvad Micro Finance 9.10% Mar 2028 NCD mature?

Asirvad Micro Finance 9.10% Mar 2028 NCD matures on 2028-03-30, 1.6 years from today.

What is Asirvad Micro Finance 9.10% Mar 2028 NCD rated?

Asirvad Micro Finance 9.10% Mar 2028 NCD is rated AA- by CRISIL. As of 2025-12-17.

Is Asirvad Micro Finance 9.10% Mar 2028 NCD secured?

Asirvad Micro Finance 9.10% Mar 2028 NCD is a secured bond.

What yield does Asirvad Micro Finance 9.10% Mar 2028 NCD currently offer?

The last recorded trade on 2026-07-24 priced Asirvad Micro Finance 9.10% Mar 2028 NCD at ₹99.39, implying a yield to maturity of 9.90%.

More Bonds from This Issuer
1
Asirvad Micro Finance 13.50% May 2027 NCD
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Maturity
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8
Asirvad Micro Finance 8.55% Oct 2027 NCD
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Maturity
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1
Asirvad Micro Finance 13.50% Dec 2027 NCD
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Maturity
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9
Asirvad Micro Finance 9.10% Jun 2028 NCD
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Coupon
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Maturity
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