M

Midland Microfin 11.77% Mar 2027 NCD

BBB Secured NCD

Midland Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
11.77%
Per annum
Maturity Date
31 Mar 2027
0.6 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~11.77%
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
+606 bps
vs 0.6Y G-Sec at 5.71% *
Top 18% of similar-tenor peers by spread
Tenure
0.6 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
30 Sep 2026
Interest Payment
₹58,850.00 / Bond
31 Mar 2027
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-03-31 Matures 2027-03-31
Key Metrics
Coupon Rate
11.77%
YTM (Annual)
Credit Rating
BBB
(INDIA_RATINGS)
Remaining Tenure
0.6 Years
Advanced metrics
Modified Duration
0.53 Yrs
Macaulay Duration
0.56 Yrs
Issue Size
₹19 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.53 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
No recorded trades
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 1.77 percentage points above the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2022-03-31
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

MML-11.77%-31-3-27-PVT is a secured, rated, redeemable ncd issued by Midland Microfin Limited. The bond offers a fixed coupon of 11.77% p.a. with semi annual interest payments and repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2022-04-30
Rating Actions History 0
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
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 Midland Microfin 11.77% Mar 2027 NCD?

Midland Microfin 11.77% Mar 2027 NCD carries a coupon of 11.77%, paid semi annual, on a face value of ₹1,000,000.

When does Midland Microfin 11.77% Mar 2027 NCD mature?

Midland Microfin 11.77% Mar 2027 NCD matures on 2027-03-31, 0.6 years from today.

What is Midland Microfin 11.77% Mar 2027 NCD rated?

Midland Microfin 11.77% Mar 2027 NCD is rated BBB by INDIA_RATINGS. As of 2022-04-30.

Is Midland Microfin 11.77% Mar 2027 NCD secured?

Midland Microfin 11.77% Mar 2027 NCD is a secured bond.

Where does Midland Microfin 11.77% Mar 2027 NCD trade?

Midland Microfin 11.77% Mar 2027 NCD is listed on BSE.

More Bonds from This Issuer
M
Midland Microfin 10.75% Aug 2026 NCD
A
Coupon
10.75%
Maturity
27 Aug 2026
M
Midland Microfin 12.00% Sep 2026 NCD
A
Coupon
12.00%
Maturity
13 Sep 2026
1
Midland Microfin 13.20% Sep 2026 NCD
BBB+
Coupon
13.20%
Maturity
28 Sep 2026
M
Midland Microfin 12.00% Nov 2026 NCD
A
Coupon
12.00%
Maturity
19 Nov 2026
Compare (/) Compare Bonds

← Back to screener