Indian Renewable Energy Development Agency Limited - INE202E07286
Power
corporate
Coupon Rate
8.00%
Maturity Date
24 Sep 2029
ISIN
INE202E07286
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from Indian Renewable Energy Development Agency Limited, a corporate, offers a Fixed coupon of 8% with maturity on 24 September 2029. Issued through the Private placement as under ISIN INE202E07286, 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
IND AA+ (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
24 Sep 2019
Remaining Tenure
4Y 1M
Security Name
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR IX-A 8 LOA 24SP29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
IND AA+ (Stable)
Date of Rating
04 Dec 2020
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