M
BBB Secured NCD

Manba Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
11.50%
Market YTM
Coupon Rate
10.65%
Per annum
Maturity Date
26 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
11.50%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+590 bps
vs 1.6Y G-Sec at 5.60%
Top 16% of similar-tenor peers by spread
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-04
Cashflow Timeline
28 Sep 2026
Interest Payment
₹88.75 / Bond
28 Oct 2026
Interest Payment
₹88.75 / Bond
28 Nov 2026
Interest Payment
₹88.75 / Bond
28 Dec 2026
Interest Payment
₹88.75 / Bond
28 Jan 2027
Interest Payment
₹88.75 / Bond
28 Feb 2027
Interest Payment
₹88.75 / Bond
28 Mar 2027
Interest Payment
₹88.75 / Bond
28 Apr 2027
Interest Payment
₹88.75 / Bond
26 Mar 2028
Principal Payment
₹10,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: A by CRISIL on 2026-08-19 Issued 2026-01-28 Matures 2028-03-26

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
10.65%
YTM (Annual)
11.50%
Credit Rating
BBB
(CARE)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.44 Yrs
Macaulay Duration
1.45 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
1.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-04
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 0.65 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
2026-01-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Manba Finance Limited, MFL-10.65%-26-3-28-PVT is a secured, rated, ncd paying a 10.65% p.a. coupon monthly. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-19 CRISIL Initial A View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 99.5800 11.5000 1
2026-07-27 99.5700 11.5000 1
2026-07-24 99.5700 11.5000 2
2026-06-29 99.5500 11.5000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2026-02-28
Rating Actions History 1 2026-08-19
Secondary-Market Trades 4 BSE 2026-08-04
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 Manba Finance 10.65% Mar 2028 NCD?

Manba Finance 10.65% Mar 2028 NCD carries a coupon of 10.65%, paid monthly, on a face value of ₹10,000.

When does Manba Finance 10.65% Mar 2028 NCD mature?

Manba Finance 10.65% Mar 2028 NCD matures on 2028-03-26, 1.6 years from today.

What is Manba Finance 10.65% Mar 2028 NCD rated?

Manba Finance 10.65% Mar 2028 NCD is rated BBB by CARE. As of 2026-02-28.

Is Manba Finance 10.65% Mar 2028 NCD secured?

Manba Finance 10.65% Mar 2028 NCD is a secured bond.

Where does Manba Finance 10.65% Mar 2028 NCD trade?

Manba Finance 10.65% Mar 2028 NCD is listed on BSE.

What yield does Manba Finance 10.65% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-04 priced Manba Finance 10.65% Mar 2028 NCD at ₹99.58, implying a yield to maturity of 11.50%.

More Bonds from This Issuer
M
Manba Finance 11.75% Aug 2026 NCD
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Coupon
11.75%
Maturity
29 Aug 2026
M
Manba Finance 11.50% Sep 2026 NCD
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Coupon
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Maturity
28 Sep 2026
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Manba Finance 11.35% Oct 2026 NCD
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Coupon
11.35%
Maturity
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M
Manba Finance 11.25% Feb 2027 NCD
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Coupon
11.25%
Maturity
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