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Midland Microfin 10.75% Apr 2036 NCD (INE884Q08341)

Acuité A- / Negative Unsecured NCD

Midland Microfin Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2036

35 more bonds from Midland Microfin Limited →
Current YTM
—
No market YTM available
Coupon Rate
10.75%
Per annum
Maturity Date
04 Apr 2036
9.4 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
9.4 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.

Showing last 10 trades.

Cashflow Timeline

5 Feb 2027
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 May 2027
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 Aug 2027
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 Nov 2027
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 Feb 2028
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 May 2028
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 Aug 2028
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
5 Nov 2028
Interest Payment
₹2,687.50 / Bond
₹2,418.75 net of 10% TDS (est.)
…
+29 more coupons until 5 Feb 2036
₹2,687.50 each / Bond
4 Apr 2036
Final coupon (part period) + principal
₹1,01,761.81 / Bond
₹1,761.81 coupon + ₹1,00,000 face value

38 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 5 May 2026 Matures 4 Apr 2036

Key Metrics

Coupon Rate
10.75%
YTM (Annual)
—
Credit Rating
A-
(Acuité) · rated 31 May 2026, 5 months ago
Remaining Tenure
9.4 Years
Advanced metrics
Modified Duration
5.81 Yrs
Macaulay Duration
5.97 Yrs
Issue Size
₹2 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
5.81 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 0.55 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
5 May 2026
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Midland Microfin Limited, Midland Microfin 10.75% Apr 2036 NCD is an unsecured, rated NCD. It pays a 10.75% p.a. coupon, quarterly. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
31 May 2026 Acuité A- Negative Latest BSE listing
2026 Acuité A- — NSDL record, 2026 NSDL debt master
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Midland Microfin Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 Acuité 2026-05-31
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
7 Nov 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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE884Q08341
Issue Date
5 May 2026
Maturity Date
4 Apr 2036
Listing
BSE
Payment Frequency
Quarterly
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Midland Microfin 10.75% Apr 2036 NCD?

Midland Microfin 10.75% Apr 2036 NCD carries a coupon of 10.75%, paid quarterly, on a face value of ₹1,00,000.

When does Midland Microfin 10.75% Apr 2036 NCD mature?

Midland Microfin 10.75% Apr 2036 NCD matures on 4 Apr 2036, 9.4 years from today.

What is Midland Microfin 10.75% Apr 2036 NCD rated?

Midland Microfin 10.75% Apr 2036 NCD is rated A- by Acuité (rating dated 31 May 2026).

Is Midland Microfin 10.75% Apr 2036 NCD secured?

Midland Microfin 10.75% Apr 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Midland Microfin 10.75% Apr 2036 NCD trade?

Midland Microfin 10.75% Apr 2036 NCD is listed on BSE.

More Bonds from This Issuer

M
Midland Microfin 12.00% Nov 2026 NCD
INE884Q07780
A-
Coupon
12.00%
Maturity
19 Nov 2026
M
Midland Microfin 11.77% Mar 2027 NCD
INE884Q07632
BBB
Coupon
11.77%
Maturity
31 Mar 2027
M
Midland Microfin 12.00% Apr 2027 NCD
INE884Q07806
A-
Coupon
12.00%
Maturity
04 Apr 2027
M
Midland Microfin ZC Apr 2027 NCD
INE884Q07830
A-
Coupon
—
Maturity
28 Apr 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2036

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 10.75%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE124D08027Indusind General Insurance Company LimitedA+10.99%2035-09-26
INE148I07WZ0Sammaan Capital LimitedAA9.75%2035-06-19
INE180C08013Capri Global Capital Limited—9.75%2036-10-13
INE658F08490Kerala Infrastructure Investment Fund BoardAA9.67%2035-08-08
INE148I07YD3Sammaan Capital LimitedAA9.60%2035-08-14
INE549K08582Muthoot Fincorp LimitedA+12.00%2035-10-23

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