Lucknow Municipal Corporation - INE05OC24041

Government Agencies

corporate

Coupon Rate
8.50%
Maturity Date
18 Nov 2027
ISIN
INE05OC24041copy
Face Value
₹1,42,900
About Issue
This AA rated bond from Lucknow Municipal Corporation, a corporate, offers a Fixed coupon of 8.5% with maturity on 18 November 2027. Issued through the Private placement as under ISIN INE05OC24041, 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
BWR AA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
18 Nov 2020
Remaining Tenure
2Y 4M
Security Name
LUCKNOW MUNICIPAL CORPORATION SR D 8.50 BD 18NV27 FVRS142900
Risk Assessment
Credit Rating
Rating
BWR AA (Stable)
Date of Rating
19 Dec 2022
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