MTNL’s Financial Call Answered: 7.05% Bond Interest Funding Completed

Mahanagar Telephone Nigam Limited (MTNL), India’s well-known telecom PSU, has successfully completed the funding required for its semi-annual interest payment on the 7.05% Bond Series V (ISIN: INE153A08089). The interest payment is due on October 12, 2025, and MTNL fulfilled its payment obligation on October 9, 2025, well ahead of the due date. This prompt funding exemplifies MTNL’s commitment to maintaining timely debt servicing and upholding investor trust in its financial management.

 

Key highlights include:

 

The 7.05% Bond Series V is a non-convertible, listed bond issued by MTNL on October 12, 2020, with a maturity date set for October 11, 2030. The bonds carry a semi-annual fixed coupon rate of 7.05%.

 

MTNL funded the designated escrow account per the structured payment mechanism, ensuring the scheduled interest payout to bondholders occurs smoothly on the due date.

 

MTNL’s bonds have been rated AAA(CE) by credit rating agencies such as CRISIL and CARE, reflecting a high level of creditworthiness secured by guarantees, which enhances investor confidence.

 

The completion of timely funding is significant amid ongoing financial challenges faced by MTNL, reinforcing its ability to meet debt obligations despite fiscal pressures.

 

The company continues to manage its financial obligations strategically, balancing operational needs with investor expectations to sustain long-term viability and growth.

 

MTNL’s strong historical track record of honoring bond interest payments underlines its commitment to transparency and stakeholder assurance in the debt markets.

 

As MTNL continues to operate in a competitive telecom environment, managing its liabilities efficiently remains crucial. The timely funding completion for this bond series reaffirms MTNL’s stable financial discipline and adherence to structured payment protocols, contributing positively to its credit reputation and stakeholder confidence.

 

Sources: MTNL disclosures to NSE, CRISIL and CARE credit rating reports, official MTNL press releases dated October 2025