Gandhinagar Municipal Corporation - INE1NT924013
municipal
municipal
Coupon Rate
7.65%
Maturity Date
23 Jun 2030
ISIN
INE1NT924013
Face Value
₹1,00,000
About Issuer
This AA rated bond from Gandhinagar Municipal Corporation, a municipal, offers a Fixed coupon of 7.65% with maturity on 23 June 2030. Issued through the Private placement as under ISIN INE1NT924013, 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.
Key Attributes
Rating
CARE AA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
municipal
Total Issue Size
-
Allotment Date
23 Jun 2025
Remaining Tenure
4Y 5M
Security Name
Gandhinagar Municipal Corporation, 7.65% 23jun2030, INR
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
12 Sep 2025
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