M

Midland Microfin 11.50% Apr 2029 NCD

Unsecured NCD

Midland Microfin Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
11.50%
Per annum
Maturity Date
28 Apr 2029
2.7 Yrs to Maturity
Interest Payment
At Maturity
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual) EST
~11.50%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+531 bps
vs 2.7Y G-Sec at 6.19% *
Top 17% of similar-tenor peers by spread
Tenure
2.7 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

Single payment at maturity

Zero-coupon / bullet bond — principal repaid on 2029-04-28.
Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2019-10-29 Matures 2029-04-28
Key Metrics
Coupon Rate
11.50%
YTM (Annual)
Credit Rating
Remaining Tenure
2.7 Years
Advanced metrics
Modified Duration
2.39 Yrs
Macaulay Duration
2.66 Yrs
Issue Size
₹12 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
2.39 Yrs
Price sensitivity per 1% yield move
Payment Frequency
At Maturity
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • No public credit rating is available for this bond.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.50 percentage points above 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
2019-10-29
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
Callable & Puttable

Midland Microfin Limited issued this ncd (11.50% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBT BONDS IN THE NATURE OF DEBENTURE. SERIES - IV. DATE OF MATURITY 28/04/2029) carrying a 11.50% p.a. coupon, paid at maturity. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No public credit rating on file for this bond.
  • 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.

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