Royal Sundaram General Insurance Company Limited - INE499S08039
Insurance and Reinsurance
corporate
This AA+ rated bond from Royal Sundaram General Insurance Company Limited, a corporate, offers a Fixed coupon of 7.85% with maturity on 27 September 2031. Issued through the Private placement as under ISIN INE499S08039, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Coupon Rate
7.85%
Maturity Date
27 Sep 2031
ISIN
INE499S08039
Face Value
₹10,00,000
Key Attributes
Rating
CARE AA+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
27 Sep 2021
Remaining Tenure
6Y 3M
Security Name
ROYAL SUNDARAM GENERAL INSURANCE CO. LIMITED SR 3 7.85 NCD 27SP31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
13 Aug 2024
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