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Mahindra Rural Housing Finance 8.25% Aug 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
7.30%
Market YTM
Coupon Rate
8.25%
Per annum
Maturity Date
03 Aug 2029
2.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.30%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+123 bps
vs 2.9Y G-Sec at 6.07%
Below the median spread for similar-tenor peers
Tenure
2.9 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
6 Aug 2027
Interest Payment
₹8,250.00 / Bond
6 Aug 2028
Interest Payment
₹8,250.00 / Bond
3 Aug 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 2024-08-06 Matures 2029-08-03

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

Key Metrics
Coupon Rate
8.25%
YTM (Annual)
7.30%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.9 Years
Advanced metrics
Modified Duration
2.52 Yrs
Macaulay Duration
2.71 Yrs
Issue Size
₹225 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.52 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
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 1.75 percentage points below 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
2024-08-06
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

MRHFL-8.25%-03-08-29-PVT is a secured, rated, redeemable ncd issued by Mahindra Rural Housing Finance Limited. The bond offers a fixed coupon of 8.25% p.a. with annual interest payments and 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 →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-20 102.4200 7.3000 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2024-08-31
Rating Actions History 3 2026-08-18
Secondary-Market Trades 1 BSE 2026-08-20
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 Mahindra Rural Housing Finance 8.25% Aug 2029 NCD?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD carries a coupon of 8.25%, paid annual, on a face value of ₹100,000.

When does Mahindra Rural Housing Finance 8.25% Aug 2029 NCD mature?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD matures on 2029-08-03, 2.9 years from today.

What is Mahindra Rural Housing Finance 8.25% Aug 2029 NCD rated?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is rated AAA by CRISIL and AAA by CARE. As of 2024-08-31.

Is Mahindra Rural Housing Finance 8.25% Aug 2029 NCD secured?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is a secured bond.

Where does Mahindra Rural Housing Finance 8.25% Aug 2029 NCD trade?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is listed on BSE.

What yield does Mahindra Rural Housing Finance 8.25% Aug 2029 NCD currently offer?

The last recorded trade on 2026-08-20 priced Mahindra Rural Housing Finance 8.25% Aug 2029 NCD at ₹102.42, implying a yield to maturity of 7.30%.

More Bonds from This Issuer
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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% Jan 2027 NCD
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Maturity
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8
Mahindra Rural Housing Fin… 8.45% Mar 2027 NCD
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Mahindra Rural Housing Fin… 8.30% Mar 2027 NCD
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Maturity
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