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Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD

AAA Unsecured NCD

Mahindra and Mahindra Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

Current YTM
No live YTM available
Coupon Rate
7.95%
Per annum
Maturity Date
24 Jul 2032
5.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~7.95%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+146 bps
vs 5.9Y G-Sec at 6.49% *
Below the median spread for similar-tenor peers
Tenure
5.9 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
24 Jul 2027
Interest Payment
₹79.50 / Bond
24 Jul 2028
Interest Payment
₹79.50 / Bond
24 Jul 2029
Interest Payment
₹79.50 / Bond
24 Jul 2030
Interest Payment
₹79.50 / Bond
24 Jul 2031
Interest Payment
₹79.50 / Bond
24 Jul 2032
Principal Payment
₹1,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-14 Initial rating: BB by CRISIL on 2026-06-26 Issued 2017-07-24 Matures 2032-07-24

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

Key Metrics
Coupon Rate
7.95%
YTM (Annual)
Credit Rating
AAA
(BRICKWORK)
Remaining Tenure
5.9 Years
Advanced metrics
Modified Duration
4.54 Yrs
Macaulay Duration
4.90 Yrs
Issue Size
₹1 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
4.54 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
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.05 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2017-07-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Mahindra and Mahindra Financial Services Limited issued this rated, ncd (7.95% UNSECURED (CATEGORY I & II) REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES III. LETTER OF ALLOTMENT. DATE OF MATURITY 24/07/2032) carrying a 7.95% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-14 CRISIL Other View →
2026-06-26 CRISIL Initial BB Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 BRICKWORK 2017-06-27
Rating Actions History 2 2026-08-14
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
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 Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD?

Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD carries a coupon of 7.95%, paid annual, on a face value of ₹1,000.

When does Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD mature?

Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD matures on 2032-07-24, 5.9 years from today.

What is Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD rated?

Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD is rated AAA by BRICKWORK. As of 2017-06-27.

Is Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD secured?

Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD be called or put back early?

Mahindra and Mahindra Financ… 7.95% Jul 2032 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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