M
AA Secured NCD

Muthoot Fincorp Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
9.30%
Market YTM
Coupon Rate
8.51%
Per annum
Maturity Date
07 Jul 2028
1.9 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
9.30%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+423 bps
vs 1.9Y G-Sec at 5.07%
Above the median spread for similar-tenor peers
Tenure
1.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-27 2026-08-25
Cashflow Timeline
7 Sep 2026
Interest Payment
₹7.09 / Bond
7 Oct 2026
Interest Payment
₹7.09 / Bond
7 Nov 2026
Interest Payment
₹7.09 / Bond
7 Dec 2026
Interest Payment
₹7.09 / Bond
7 Jan 2027
Interest Payment
₹7.09 / Bond
7 Feb 2027
Interest Payment
₹7.09 / Bond
7 Mar 2027
Interest Payment
₹7.09 / Bond
7 Apr 2027
Interest Payment
₹7.09 / Bond
7 Jul 2028
Principal Payment
₹1,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-17 Initial rating: AA by CRISIL on 2026-07-22 Issued 2026-07-07 Matures 2028-07-07

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

Key Metrics
Coupon Rate
8.51%
YTM (Annual)
9.30%
Credit Rating
AA
(BRICKWORK)
Remaining Tenure
1.9 Years
Advanced metrics
Modified Duration
1.70 Yrs
Macaulay Duration
1.71 Yrs
Issue Size
₹600 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.70 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
BSE
Trades (30 Days)
9
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 9 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.49 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
2026-07-07
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Muthoot Fincorp Limited, 8.51% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES I TRANCHE IV DATE OF MATURITY 07/07/2028 is a secured, rated, ncd paying a 8.51% p.a. coupon monthly. The instrument repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-08-17 CRISIL Other View →
2026-07-22 CRISIL Initial AA Stable View →
2026-06-18 CRISIL Initial AA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 99.2800 9.3000 1
2026-08-17 99.2700 9.3000 3
2026-08-13 99.4900 9.1600 2
2026-08-12 99.3600 9.2400 1
2026-08-10 99.2600 9.3000 1
2026-08-06 99.2600 9.3400 3
2026-08-05 99.2600 9.3000 1
2026-08-03 99.0900 9.4000 2
2026-07-30 99.2500 9.3000 1
2026-07-27 99.2500 9.3000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2025-10-08
Rating Actions History 3 2026-08-17
Secondary-Market Trades 10 BSE 2026-08-25
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 Fincorp 8.51% Jul 2028 NCD?

Muthoot Fincorp 8.51% Jul 2028 NCD carries a coupon of 8.51%, paid monthly, on a face value of ₹1,000.

When does Muthoot Fincorp 8.51% Jul 2028 NCD mature?

Muthoot Fincorp 8.51% Jul 2028 NCD matures on 2028-07-07, 1.9 years from today.

What is Muthoot Fincorp 8.51% Jul 2028 NCD rated?

Muthoot Fincorp 8.51% Jul 2028 NCD is rated AA by BRICKWORK. As of 2025-10-08.

Is Muthoot Fincorp 8.51% Jul 2028 NCD secured?

Muthoot Fincorp 8.51% Jul 2028 NCD is a secured bond.

What yield does Muthoot Fincorp 8.51% Jul 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Muthoot Fincorp 8.51% Jul 2028 NCD at ₹99.28, implying a yield to maturity of 9.30%.

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