M

Midland Microfin 10.00% Apr 2033 NCD

A- Unsecured NCD

Midland Microfin Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
10.00%
Per annum
Maturity Date
04 Apr 2033
6.6 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~10.00%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+319 bps
vs 6.6Y G-Sec at 6.81% *
Top 22% of similar-tenor peers by spread
Tenure
6.6 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
5 Nov 2026
Interest Payment
₹2,500.00 / Bond
5 Feb 2027
Interest Payment
₹2,500.00 / Bond
5 May 2027
Interest Payment
₹2,500.00 / Bond
5 Aug 2027
Interest Payment
₹2,500.00 / Bond
5 Nov 2027
Interest Payment
₹2,500.00 / Bond
5 Feb 2028
Interest Payment
₹2,500.00 / Bond
5 May 2028
Interest Payment
₹2,500.00 / Bond
5 Aug 2028
Interest Payment
₹2,500.00 / Bond
4 Apr 2033
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 2026-05-05 Matures 2033-04-04
Key Metrics
Coupon Rate
10.00%
YTM (Annual)
Credit Rating
A-
(ACUITE)
Remaining Tenure
6.6 Years
Advanced metrics
Modified Duration
4.72 Yrs
Macaulay Duration
4.83 Yrs
Issue Size
₹1 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.72 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 secondary-market trades recorded in the last 30 days.
  • Coupon is in line with 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
2026-05-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Midland Microfin Limited, 10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 1 DATE OF MATURITY 04/04/2033 is a rated, ncd paying a 10.00% p.a. coupon quarterly. The instrument repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2026-01-22
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • 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.

Frequently Asked Questions
What is the coupon rate on Midland Microfin 10.00% Apr 2033 NCD?

Midland Microfin 10.00% Apr 2033 NCD carries a coupon of 10.00%, paid quarterly, on a face value of ₹100,000.

When does Midland Microfin 10.00% Apr 2033 NCD mature?

Midland Microfin 10.00% Apr 2033 NCD matures on 2033-04-04, 6.6 years from today.

What is Midland Microfin 10.00% Apr 2033 NCD rated?

Midland Microfin 10.00% Apr 2033 NCD is rated A- by ACUITE. As of 2026-01-22.

Is Midland Microfin 10.00% Apr 2033 NCD secured?

Midland Microfin 10.00% Apr 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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