M

Meghalaya Energy Corporation 10.55% Apr 2033 NCD

A- Secured NCD

Meghalaya Energy Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2033

Current YTM
9.42%
Market YTM
Coupon Rate
10.55%
Per annum
Maturity Date
03 Apr 2033
6.6 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.42%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+261 bps
vs 6.6Y G-Sec at 6.81%
Above the median spread for similar-tenor peers
Tenure
6.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-21 2026-08-24
Cashflow Timeline
3 Oct 2026
Interest Payment
₹2,637.50 / Bond
3 Jan 2027
Interest Payment
₹2,637.50 / Bond
3 Apr 2027
Interest Payment
₹2,637.50 / Bond
3 Jul 2027
Interest Payment
₹2,637.50 / Bond
3 Oct 2027
Interest Payment
₹2,637.50 / Bond
3 Jan 2028
Interest Payment
₹2,637.50 / Bond
3 Apr 2028
Interest Payment
₹2,637.50 / Bond
3 Jul 2028
Interest Payment
₹2,637.50 / Bond
3 Apr 2033
Principal Payment
₹100,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-04-03 Matures 2033-04-03
Key Metrics
Coupon Rate
10.55%
YTM (Annual)
9.42%
Credit Rating
A-
(BRICKWORK)
Remaining Tenure
6.6 Years
Advanced metrics
Modified Duration
4.70 Yrs
Macaulay Duration
4.81 Yrs
Issue Size
₹241 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.70 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-24
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.55 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
2023-04-03
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

MECL-10.55%-3-4-33-PVT is a secured, rated, redeemable ncd issued by Meghalaya Energy Corporation Limited. The bond offers a fixed coupon of 10.55% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 107.0600 9.4200 1
2026-08-12 112.9800 8.2500 1
2026-08-11 111.4200 8.5500 1
2026-07-22 108.6500 9.1100 1
2026-07-21 105.6900 9.7200 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, BRICKWORK 2023-04-30
Rating Actions History 0
Secondary-Market Trades 5 BSE 2026-08-24
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 10.55% Apr 2033 NCD?

Meghalaya Energy Corporation 10.55% Apr 2033 NCD carries a coupon of 10.55%, paid quarterly, on a face value of ₹100,000.

When does Meghalaya Energy Corporation 10.55% Apr 2033 NCD mature?

Meghalaya Energy Corporation 10.55% Apr 2033 NCD matures on 2033-04-03, 6.6 years from today.

What is Meghalaya Energy Corporation 10.55% Apr 2033 NCD rated?

Meghalaya Energy Corporation 10.55% Apr 2033 NCD is rated A- by BRICKWORK and A by ACUITE. As of 2022-07-05.

Is Meghalaya Energy Corporation 10.55% Apr 2033 NCD secured?

Meghalaya Energy Corporation 10.55% Apr 2033 NCD is a secured bond.

Where does Meghalaya Energy Corporation 10.55% Apr 2033 NCD trade?

Meghalaya Energy Corporation 10.55% Apr 2033 NCD is listed on BSE.

What yield does Meghalaya Energy Corporation 10.55% Apr 2033 NCD currently offer?

The last recorded trade on 2026-08-24 priced Meghalaya Energy Corporation 10.55% Apr 2033 NCD at ₹107.06, implying a yield to maturity of 9.42%.

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