M
Unsecured NCD

Midland Microfin Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
9.50%
Per annum
Maturity Date
18 Aug 2029
3.0 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual) EST
~9.50%
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
+348 bps
vs 3.0Y G-Sec at 6.02% *
Above the median spread for similar-tenor peers
Tenure
3.0 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
19 Nov 2026
Interest Payment
₹237.50 / Bond
19 Feb 2027
Interest Payment
₹237.50 / Bond
19 May 2027
Interest Payment
₹237.50 / Bond
19 Aug 2027
Interest Payment
₹237.50 / Bond
19 Nov 2027
Interest Payment
₹237.50 / Bond
19 Feb 2028
Interest Payment
₹237.50 / Bond
19 May 2028
Interest Payment
₹237.50 / Bond
19 Aug 2028
Interest Payment
₹237.50 / Bond
18 Aug 2029
Principal Payment
₹10,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹10,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-08-19 Matures 2029-08-18
Key Metrics
Coupon Rate
9.50%
YTM (Annual)
Credit Rating
Remaining Tenure
3.0 Years
Advanced metrics
Modified Duration
2.55 Yrs
Macaulay Duration
2.61 Yrs
Issue Size
₹3 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
2.55 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
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 0.50 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2022-08-19
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by Midland Microfin Limited, 9.50% UNSECURED UNRATED UNLISTED SUBORDINATED REDEEMABLE NON-CONVERTIBLE DEBENTURES.SERIES VII. DATE OF MATURITY 18/08/2029 is a ncd paying a 9.50% p.a. coupon quarterly. The instrument repays principal on maturity.

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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