Mahanagar Telephone Nigam Ltd. (MTNL) is a state-owned telecommunications service provider founded in 1986 and headquartered in New Delhi, India. The company primarily aims to provide high-quality telecom services, including fixed-line and mobile telephony, broadband, and data services to urban customers across India.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MTNL 6.85% 2030-12-20 INRMahanagar Telephone Nigam Ltd. | India | 2030-12-20 | 6.850 | 7.90 |
| MTNL 7.05% 2030-10-11 INRMahanagar Telephone Nigam Ltd. | India | 2030-10-11 | 7.050 | 7.71 |
| MTNL 7.59% 2033-07-20 INRMahanagar Telephone Nigam Ltd. | India | 2033-07-20 | 7.590 | 7.89 |
| MTNL 7.61% 2033-08-24 INRMahanagar Telephone Nigam Ltd. | India | 2033-08-24 | 7.610 | 7.90 |
| MTNL 7.78% 2033-02-10 INRMahanagar Telephone Nigam Ltd. | India | 2033-02-10 | 7.780 | 7.86 |
| MTNL 7.80% 2033-11-07 INRMahanagar Telephone Nigam Ltd. | India | 2033-11-07 | 7.800 | 7.80 |
| MTNL 7.87% 2032-12-01 INRMahanagar Telephone Nigam Ltd. | India | 2032-12-01 | 7.870 | 7.87 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
MTNL began issuing bonds to raise capital for its operations and expansion initiatives, with its first significant issuance occurring in the late 1990s. One notable issuance was in 2019, where the company raised ₹1,000 crore to fund its modernization plans. As of October 2023, MTNL's bond yields were competitive within the industry, reflecting investor confidence amidst a challenging operating environment. The bonds offer a mix of callable features and fixed interest rates, catering to a diverse investor base seeking stable returns.