IDBI Bank Limited

This AA rated bond from IDBI Bank Limited, a corporate, offers a Fixed coupon of 9.56% with maturity on 13 June 2029. Issued through the Private placement as under ISIN INE008A08R30, 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.