Bonds
Listed bonds, government securities, treasury bills, state loans and sovereign gold bonds: the terms, the last trade and the yield it implies, the agencies' ratings, the issuer's own numbers. Facts and arithmetic; no orders are placed here.
Bonds›Search›Muthoot Finance 8.75% NCD 2028

Muthoot Finance 8.75% NCD 2028AA+ · CRISIL

ISIN INE414G07GR3 · non-convertible debenture, secured, senior · issuer Muthoot Finance (MUTHOOTFIN) → · NSE MUTHOOTFIN series NT · BSE 974910 · the terms and trades are illustrative: sample values shaped like the real thing, not data Artha holds
Last trade
₹1,052.85
15 Sep 2026 · NSE · 150 units
YTM at that price
8.05%
actual/actual · compounded half-yearly
Accrued interest today
₹42.43 a unit
177 days since 30 Mar
Clean price at the trade
₹1,012.34
dirty ₹1,052.85 · the exchange prints flat
Spread over the G-sec
+217 bps
FBIL 2.0-year point 5.88%
Since the last trade
8 days
traded on 1 of the last 30 sessions
Thinly traded: 1 session out of 30, ₹1.58 L in all. The yield above is what one trade of 150 units implied on 15 Sep 2026; a larger order would not necessarily fill near it.

Terms

from the depository record, refreshed 21 Sep 2026

Pays 8.75% a year, half-yearly on 30 September and 30 March, until 30 Sep 2028. Secured against the issuer's gold-loan receivables, senior. Rated AA+ (Stable) by CRISIL, affirmed 18 Mar 2026, and [ICRA]AA+ (Stable) by ICRA. Face value ₹1,000, issued 30 Sep 2023; no put, no call. Debenture trustee: IDBI Trusteeship.

Coupon 8.75% · frequency 2 · day count actual/actual · issue 30 Sep 2023 · maturity 30 Sep 2028 · face ₹1,000 · put/call none · seniority senior · secured yes · rating AA+ / CRISIL / 18 Mar 2026 · exchanges NSE, BSE · series NT, 974910

Cash-flow schedule: every coupon and the principal as a chart and a table, the member's units when held, the tax line as the rules stand — coming soon

Against the curve

FBIL par yields, 23 Sep 2026
This bond, 2.0 years to maturity
8.05%
G-sec of the same maturity (FBIL, interpolated)
5.88%
Spread the market charges for this issuer
+217 bps
Median of AA+ NCDs traded this month, 2 to 3 years
7.74%
This bond against that median
+31 bps

Yield at each of the last 1 trades

exchange and reported OTC · six months
Rating history: every action in the agency's words with the rationale linked; no Artha label — coming soon
The issuer's numbers from the stock page: interest coverage, debt to equity, cash from operations against interest paid, loan-book growth, listed debt, pledge, forensic checks, results due, the government's holding for a public-sector issuer — coming soon
Where to buy, all outside Artha: RBI Retail Direct for sovereigns, the member's broker for listed paper with the exchange series shown, SEBI's list of bond platforms; Artha places no orders — coming soon