Indore Municipal Corporation

This AA rated bond from Indore Municipal Corporation, a municipal, offers a Fixed coupon of 8.25% with maturity on 20 February 2032. Issued through the Public offer as under ISIN INE00QS24035, 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.