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Midland Microfin 10.75% Nov 2027 NCD (INE884Q07814)

Acuité A- Secured NCD

Midland Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2027

35 more bonds from Midland Microfin Limited →
Current YTM
11.80%
Market YTM
Coupon Rate
10.75%
Per annum
Maturity Date
27 Nov 2027
1.1 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
11.80%
Last traded 4 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+488 bps
vs 1.1Y G-Sec at 6.92%
Top 12% of similar-tenor peers by spread
Tenure
1.1 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
19 Aug 20264 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

27 Nov 2026
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 Dec 2026
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 Jan 2027
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 Feb 2027
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 Mar 2027
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 Apr 2027
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 May 2027
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
27 Jun 2027
Interest Payment
₹895.83 / Bond
₹806.25 net of 10% TDS (est.)
…
+4 more coupons until 27 Oct 2027
₹895.83 each / Bond
27 Nov 2027
Final coupon + principal
₹1,00,895.83 / Bond
₹895.83 coupon + ₹1,00,000 face value

13 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 27 Nov 2025 Matures 27 Nov 2027

Key Metrics

Coupon Rate
10.75%
YTM (Annual)
11.80%
Credit Rating
A-
(Acuité) · rated 31 Dec 2025, 10 months ago
Remaining Tenure
1.1 Years
Advanced metrics
Modified Duration
0.98 Yrs
Macaulay Duration
0.99 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
0.98 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
4 Nov 2026
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.55 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
27 Nov 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Midland Microfin Limited issued Midland Microfin 10.75% Nov 2027 NCD, a secured, rated NCD. It pays a 10.75% p.a. coupon, monthly. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Midland Microfin Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE884Q07814: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-04 99.5400 11.8000 1
2026-11-03 99.5400 11.8000 1
2026-10-29 99.5400 11.8000 1
2026-10-26 99.5400 11.8000 3
2026-10-16 99.5300 11.8000 1
2026-09-30 99.4800 11.8300 1
2026-09-15 99.2900 12.0000 1
2026-08-21 99.2500 12.0000 1
2026-08-20 99.2500 12.0000 1
2026-08-19 99.2500 12.0000 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 Acuité 2025-12-31
Rating Actions History 0 — —
Secondary-Market Trades 10 BSE 2026-11-04
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 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.

Current Price (Clean)
₹99,540.00
YTM11.80%
Trade Date 4 Nov 2026 4d ago
SourceBSE
Accrued interest (est.)₹375.67
Dirty price (est.)₹99,915.67
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE884Q07814
Issue Date
27 Nov 2025
Maturity Date
27 Nov 2027
Listing
BSE
Payment Frequency
Monthly
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Midland Microfin 10.75% Nov 2027 NCD?

Midland Microfin 10.75% Nov 2027 NCD carries a coupon of 10.75%, paid monthly, on a face value of ₹1,00,000.

When does Midland Microfin 10.75% Nov 2027 NCD mature?

Midland Microfin 10.75% Nov 2027 NCD matures on 27 Nov 2027, 1.1 years from today.

What is Midland Microfin 10.75% Nov 2027 NCD rated?

Midland Microfin 10.75% Nov 2027 NCD is rated A- by Acuité (rating dated 31 Dec 2025).

Is Midland Microfin 10.75% Nov 2027 NCD secured?

Midland Microfin 10.75% Nov 2027 NCD is a secured bond.

Where does Midland Microfin 10.75% Nov 2027 NCD trade?

Midland Microfin 10.75% Nov 2027 NCD is listed on BSE.

What yield does Midland Microfin 10.75% Nov 2027 NCD currently offer?

The last recorded trade on 4 Nov 2026 priced Midland Microfin 10.75% Nov 2027 NCD at ₹99,540.00 per bond, implying a yield to maturity of 11.80%.

More Bonds from This Issuer

M
Midland Microfin 12.00% Nov 2026 NCD
INE884Q07780
A-
Coupon
12.00%
Maturity
19 Nov 2026
M
Midland Microfin 11.77% Mar 2027 NCD
INE884Q07632
BBB
Coupon
11.77%
Maturity
31 Mar 2027
M
Midland Microfin 12.00% Apr 2027 NCD
INE884Q07806
A-
Coupon
12.00%
Maturity
04 Apr 2027
M
Midland Microfin ZC Apr 2027 NCD
INE884Q07830
A-
Coupon
—
Maturity
28 Apr 2027
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