Coimbatore City Municipal Corporation

municipal

Tenure
7Y 5M
About Issuer
This AA rated bond from Coimbatore City Municipal Corporation, a municipal, offers a Fixed coupon of 8.29% with maturity on 27 January 2034. Issued through the Private placement as under ISIN INE2O7M24046, 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.
Summary
Interest
Half Yearly
Principal
As per Schedule
COUPON RATE
8.29%
FACE VALUE
₹1,00,000
MATURITY DATE
27 Jan 2034
SECTOR
municipal
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE2O7M24046

Credit rating

Rating
CARE AA
Rating Agency
CARE Ratings
Date of Rating
06 Mar 2026

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