IDBI Bank Limited - INE008A08U50

This AA- rated bond from IDBI Bank Limited, a corporate, offers a Fixed coupon of 8.99% with maturity on 13 December 2027. Issued through the Private placement as under ISIN INE008A08U50, 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.