M

Midland Microfin 11.70% Jun 2027 NCD

BBB Secured NCD

Midland Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2027

Current YTM
12.25%
Market YTM
Coupon Rate
11.70%
Per annum
Maturity Date
30 Jun 2027
0.8 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
12.25%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+647 bps
vs 0.8Y G-Sec at 5.78%
Top 15% of similar-tenor peers by spread
Tenure
0.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-01 2026-08-13
Cashflow Timeline
30 Aug 2026
Interest Payment
₹975.00 / Bond
30 Sep 2026
Interest Payment
₹975.00 / Bond
30 Oct 2026
Interest Payment
₹975.00 / Bond
30 Nov 2026
Interest Payment
₹975.00 / Bond
30 Dec 2026
Interest Payment
₹975.00 / Bond
30 Jan 2027
Interest Payment
₹975.00 / Bond
28 Feb 2027
Interest Payment
₹975.00 / Bond
30 Mar 2027
Interest Payment
₹975.00 / Bond
30 Jun 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 2025-12-30 Matures 2027-06-30
Key Metrics
Coupon Rate
11.70%
YTM (Annual)
12.25%
Credit Rating
BBB
(CARE)
Remaining Tenure
0.8 Years
Advanced metrics
Modified Duration
0.79 Yrs
Macaulay Duration
0.80 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.79 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-13
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.70 percentage points above 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
2025-12-30
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Midland Microfin Limited, MML-11.70%-30-06-27-PVT is a secured, rated, ncd paying a 11.70% p.a. coupon monthly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-13 100.0700 12.2500 1
2026-08-06 100.3300 11.9200 2
2026-07-27 100.3100 11.9500 1
2026-07-21 100.0800 12.2500 2
2026-07-17 100.0800 12.2500 1
2026-07-16 100.0800 12.2500 1
2026-07-06 99.9600 11.4000 2
2026-07-01 99.4600 12.7904 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2026-01-31
Rating Actions History 0
Secondary-Market Trades 8 BSE 2026-08-13
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 11.70% Jun 2027 NCD?

Midland Microfin 11.70% Jun 2027 NCD carries a coupon of 11.70%, paid monthly, on a face value of ₹100,000.

When does Midland Microfin 11.70% Jun 2027 NCD mature?

Midland Microfin 11.70% Jun 2027 NCD matures on 2027-06-30, 0.8 years from today.

What is Midland Microfin 11.70% Jun 2027 NCD rated?

Midland Microfin 11.70% Jun 2027 NCD is rated BBB by CARE. As of 2026-01-31.

Is Midland Microfin 11.70% Jun 2027 NCD secured?

Midland Microfin 11.70% Jun 2027 NCD is a secured bond.

Where does Midland Microfin 11.70% Jun 2027 NCD trade?

Midland Microfin 11.70% Jun 2027 NCD is listed on BSE.

What yield does Midland Microfin 11.70% Jun 2027 NCD currently offer?

The last recorded trade on 2026-08-13 priced Midland Microfin 11.70% Jun 2027 NCD at ₹100.07, implying a yield to maturity of 12.25%.

More Bonds from This Issuer
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
M
Midland Microfin 11.77% Mar 2027 NCD
BBB
Coupon
11.77%
Maturity
31 Mar 2027
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