InvestorQ : Can you tell me about the market linked debentures that Muthoot Finance has raised?
sara Kunju made post

Can you tell me about the market linked debentures that Muthoot Finance has raised?

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Mary Joseph answered.
5 months ago
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The company you are referring to is Muthoot Microfin, which is part of the same group, which raised funds of Rs.75 crore through the issue of market-linked debentures or MLD last month for an 18 month period. It now plans to raise up to Rs.600 crore via MLDs. As the name suggests, the yields are market linked. Currently, while Muthoot Microfin pays 10.25% yield, they expect this yield to fall by 50-75 basis points in this year.

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