M

Meghalaya Energy Corporation 10.96% Feb 2031 NCD

A Secured NCD

Meghalaya Energy Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2031

Current YTM
8.59%
Market YTM
Coupon Rate
10.96%
Per annum
Maturity Date
17 Feb 2031
4.5 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.59%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+191 bps
vs 4.5Y G-Sec at 6.68%
Below the median spread for similar-tenor peers
Tenure
4.5 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
18 Nov 2026
Interest Payment
₹27,400.00 / Bond
18 Feb 2027
Interest Payment
₹27,400.00 / Bond
18 May 2027
Interest Payment
₹27,400.00 / Bond
18 Aug 2027
Interest Payment
₹27,400.00 / Bond
18 Nov 2027
Interest Payment
₹27,400.00 / Bond
18 Feb 2028
Interest Payment
₹27,400.00 / Bond
18 May 2028
Interest Payment
₹27,400.00 / Bond
18 Aug 2028
Interest Payment
₹27,400.00 / Bond
17 Feb 2031
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2021-02-18 Matures 2031-02-17
Key Metrics
Coupon Rate
10.96%
YTM (Annual)
8.59%
Credit Rating
A
(BRICKWORK)
Remaining Tenure
4.5 Years
Advanced metrics
Modified Duration
3.55 Yrs
Macaulay Duration
3.62 Yrs
Issue Size
₹49 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.55 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-25
BSE
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 0.96 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
2021-02-18
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Meghalaya Energy Corporation Limited, MECL-10.96%-17-2-31-PVT is a secured, rated, ncd paying a 10.96% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 109.7800 8.5900 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2020-04-24
Rating Actions History 0
Secondary-Market Trades 1 BSE 2026-08-25
Reg52(4) Payment Disclosures 0
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 Meghalaya Energy Corporation 10.96% Feb 2031 NCD?

Meghalaya Energy Corporation 10.96% Feb 2031 NCD carries a coupon of 10.96%, paid quarterly, on a face value of ₹1,000,000.

When does Meghalaya Energy Corporation 10.96% Feb 2031 NCD mature?

Meghalaya Energy Corporation 10.96% Feb 2031 NCD matures on 2031-02-17, 4.5 years from today.

What is Meghalaya Energy Corporation 10.96% Feb 2031 NCD rated?

Meghalaya Energy Corporation 10.96% Feb 2031 NCD is rated A by BRICKWORK. As of 2020-04-24.

Is Meghalaya Energy Corporation 10.96% Feb 2031 NCD secured?

Meghalaya Energy Corporation 10.96% Feb 2031 NCD is a secured bond.

Where does Meghalaya Energy Corporation 10.96% Feb 2031 NCD trade?

Meghalaya Energy Corporation 10.96% Feb 2031 NCD is listed on BSE.

What yield does Meghalaya Energy Corporation 10.96% Feb 2031 NCD currently offer?

The last recorded trade on 2026-08-25 priced Meghalaya Energy Corporation 10.96% Feb 2031 NCD at ₹109.78, implying a yield to maturity of 8.59%.

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