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Muthoot Mercantile Limited 11.25% 2027 Bond

ISININE05F407CM1

MUTHOOT MERCANTILE LIMITED SR V 11.25 NCD 11SP27 FVRS1000

Muthoot Mercantile Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 84 of its bonds.

Key terms

Issue date
11 Sept 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Public Issue
Series
V
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings BBB / Stable

BBBmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

BBB is the lowest investment-grade tier. Repayment capacity is judged moderate: currently sufficient, but more likely to weaken if business conditions deteriorate. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND BBB/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 11.85% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

36 scheduled payments through 11 Sept 2027; final payment ₹1,009 per bond.

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