A

Asirvad Microfinance 11.25% Oct 2028 NCD

AA Unsecured NCD

Asirvad Microfinance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
11.25%
Per annum
Maturity Date
03 Oct 2028
2.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~11.25%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+653 bps
vs 2.1Y G-Sec at 4.72% *
Top 11% of similar-tenor peers by spread
Tenure
2.1 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
3 Oct 2026
Interest Payment
₹1,125,000.00 / Bond
3 Oct 2027
Interest Payment
₹1,125,000.00 / Bond
3 Oct 2028
Principal Payment
₹10,000,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: AA by CRISIL on 2026-08-12 Rating action: by CRISIL on 2026-07-10 Issued 2022-10-03 Matures 2028-10-03

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
11.25%
YTM (Annual)
Credit Rating
AA
(CRISIL)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.62 Yrs
Macaulay Duration
1.80 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.62 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 percentage points above the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2022-10-03
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Asirvad Microfinance Limited issued this rated, ncd (AML-11.25%-3-10-28-PVT) carrying a 11.25% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-12 CRISIL Other AA View →
2026-07-10 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2022-10-31
Rating Actions History 2 2026-08-12
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Microfinance 11.25% Oct 2028 NCD?

Asirvad Microfinance 11.25% Oct 2028 NCD carries a coupon of 11.25%, paid annual, on a face value of ₹10,000,000.

When does Asirvad Microfinance 11.25% Oct 2028 NCD mature?

Asirvad Microfinance 11.25% Oct 2028 NCD matures on 2028-10-03, 2.1 years from today.

What is Asirvad Microfinance 11.25% Oct 2028 NCD rated?

Asirvad Microfinance 11.25% Oct 2028 NCD is rated AA by CRISIL. As of 2022-10-31.

Is Asirvad Microfinance 11.25% Oct 2028 NCD secured?

Asirvad Microfinance 11.25% Oct 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Asirvad Microfinance 11.25% Oct 2028 NCD trade?

Asirvad Microfinance 11.25% Oct 2028 NCD is listed on BSE.

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