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Mahindra Rural Housing Finance 8.41% Feb 2029 NCD

AAA Secured NCD

Mahindra Rural Housing Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
8.41%
Per annum
Maturity Date
28 Feb 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~8.41%
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
+210 bps
vs 2.5Y G-Sec at 6.31% *
Below the median spread for similar-tenor peers
Tenure
2.5 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
28 Feb 2027
Interest Payment
₹8,410.00 / Bond
28 Feb 2028
Interest Payment
₹8,410.00 / Bond
28 Feb 2029
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-18 Rating action: by CRISIL on 2026-08-14 Rating action: by CRISIL on 2026-08-04 Issued 2024-02-28 Matures 2029-02-28

3 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
8.41%
YTM (Annual)
Credit Rating
AAA
(CARE)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.09 Yrs
Macaulay Duration
2.27 Yrs
Issue Size
₹250 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.09 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.59 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
2024-02-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Mahindra Rural Housing Finance Limited, 8.41% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES MRHFLEE2023 DATE OF MATURITY 28/02/2029 is a secured, rated, ncd paying a 8.41% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-08-18 CRISIL Other View →
2026-08-14 CRISIL Other View →
2026-08-04 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2024-02-08
Rating Actions History 3 2026-08-18
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 Mahindra Rural Housing Finance 8.41% Feb 2029 NCD?

Mahindra Rural Housing Finance 8.41% Feb 2029 NCD carries a coupon of 8.41%, paid annual, on a face value of ₹100,000.

When does Mahindra Rural Housing Finance 8.41% Feb 2029 NCD mature?

Mahindra Rural Housing Finance 8.41% Feb 2029 NCD matures on 2029-02-28, 2.5 years from today.

What is Mahindra Rural Housing Finance 8.41% Feb 2029 NCD rated?

Mahindra Rural Housing Finance 8.41% Feb 2029 NCD is rated AAA by CARE. As of 2024-02-08.

Is Mahindra Rural Housing Finance 8.41% Feb 2029 NCD secured?

Mahindra Rural Housing Finance 8.41% Feb 2029 NCD is a secured bond.

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Mahindra Rural Housing Fin… 8.40% Nov 2026 NCD
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Maturity
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Mahindra Rural Housing Fin… 8.45% Mar 2027 NCD
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