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Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD

AAA / Stable Secured NCD

Mahindra and Mahindra Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2027

Current YTM
7.71%
Market YTM
Coupon Rate
8.01%
Per annum
Maturity Date
24 Dec 2027
1.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.71%
Live, last traded 2026-07-15
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+237 bps
vs 1.3Y G-Sec at 5.34%
Below the median spread for similar-tenor peers
Tenure
1.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-25 2026-07-15
Cashflow Timeline
26 Sep 2026
Interest Payment
₹8,010.00 / Bond
26 Sep 2027
Interest Payment
₹8,010.00 / Bond
24 Dec 2027
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-14 Initial rating: BB by CRISIL on 2026-06-26 Issued 2024-09-26 Matures 2027-12-24

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

Key Metrics
Coupon Rate
8.01%
YTM (Annual)
7.71%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.3 Years
Advanced metrics
Modified Duration
1.16 Yrs
Macaulay Duration
1.25 Yrs
Issue Size
₹1,250 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.16 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-15
NSE OTC (WAP)
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 1.99 percentage points below 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
2024-09-26
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Mahindra and Mahindra Financial Services Limited issued this secured, rated, ncd (MMFSL-8.01%-24-12-27-PVT) carrying a 8.01% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-14 CRISIL Other View →
2026-06-26 CRISIL Initial BB Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-15 100.3235 7.7100 None
2026-07-07 100.4766 7.6000 None
2026-07-03 100.5480 7.5500 None
2026-07-01 100.4800 7.6000 1
2026-06-30 100.4148 7.6500 None
2026-06-25 100.3200 7.7200 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2024-10-31
Rating Actions History 2 2026-08-14
Secondary-Market Trades 6 NSE OTC (WAP) 2026-07-15
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 Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD?

Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD carries a coupon of 8.01%, paid annual, on a face value of ₹100,000.

When does Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD mature?

Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD matures on 2027-12-24, 1.3 years from today.

What is Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD rated?

Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD is rated AAA by CRISIL and AAA by INDIA_RATINGS. As of 2024-10-31.

Is Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD secured?

Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD is a secured bond.

Where does Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD trade?

Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD is listed on BSE.

What yield does Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD currently offer?

The last recorded trade on 2026-07-15 priced Mahindra and Mahindra Financ… 8.01% Dec 2027 NCD at ₹100.32, implying a yield to maturity of 7.71%.

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