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    HomeNewsBusinessPersonal FinanceMotilal Oswal Financial Services offers up to 9.70% yield in maiden NCD issue; should you invest?

    Motilal Oswal Financial Services offers up to 9.70% yield in maiden NCD issue; should you invest?

    MOFSL is offering eight series of NCDs carrying fixed coupons with a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and at-maturity interest payment options. Effective annual yield for NCDs ranges from 8.85 percent to 9.70 percent per annum.

    Abhinav Kaul
    April 23, 2024 / 12:40 IST
    Motilal Oswal Financial Services offers up to 9.70% yield in maiden NCD issue; should you invest?

    The NCDs proposed have been rated AA with a stable outlook by two ratings agencies -- Crisil Ratings and India Ratings.

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