M

Midland Microfin 10.75% Nov 2027 NCD

A Secured NCD

Midland Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2027

Current YTM
12.00%
Market YTM
Coupon Rate
10.75%
Per annum
Maturity Date
27 Nov 2027
1.2 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
12.00%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+649 bps
vs 1.2Y G-Sec at 5.51%
Top 15% of similar-tenor peers by spread
Tenure
1.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-16 2026-08-21
Cashflow Timeline
27 Sep 2026
Interest Payment
₹895.83 / Bond
27 Oct 2026
Interest Payment
₹895.83 / Bond
27 Nov 2026
Interest Payment
₹895.83 / Bond
27 Dec 2026
Interest Payment
₹895.83 / Bond
27 Jan 2027
Interest Payment
₹895.83 / Bond
27 Feb 2027
Interest Payment
₹895.83 / Bond
27 Mar 2027
Interest Payment
₹895.83 / Bond
27 Apr 2027
Interest Payment
₹895.83 / Bond
27 Nov 2027
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 2025-11-27 Matures 2027-11-27
Key Metrics
Coupon Rate
10.75%
YTM (Annual)
12.00%
Credit Rating
A
(ACUITE)
Remaining Tenure
1.2 Years
Advanced metrics
Modified Duration
1.16 Yrs
Macaulay Duration
1.17 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.16 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-21
BSE
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 6 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.75 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
2025-11-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Midland Microfin Limited issued this secured, rated, ncd (MML-10.75%-27-11-27-PVT) carrying a 10.75% p.a. coupon, paid monthly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-21 99.2500 12.0000 1
2026-08-20 99.2500 12.0000 1
2026-08-19 99.2500 12.0000 1
2026-08-12 99.2400 12.0000 1
2026-08-07 99.2300 12.0000 1
2026-08-05 99.2300 12.0000 1
2026-07-22 98.8000 12.2300 None
2026-07-21 98.7600 12.0889 None
2026-07-17 98.9200 12.2500 2
2026-07-16 98.9200 12.2500 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2025-12-31
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-21
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 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 ₹100,000.

When does Midland Microfin 10.75% Nov 2027 NCD mature?

Midland Microfin 10.75% Nov 2027 NCD matures on 2027-11-27, 1.2 years from today.

What is Midland Microfin 10.75% Nov 2027 NCD rated?

Midland Microfin 10.75% Nov 2027 NCD is rated A by ACUITE. As of 2025-12-31.

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 2026-08-21 priced Midland Microfin 10.75% Nov 2027 NCD at ₹99.25, implying a yield to maturity of 12.00%.

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
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