The Oriental Insurance Company Limited - INE06GZ08015

Insurance and Reinsurance

corporate

Coupon Rate
8.80%
Maturity Date
18 Mar 2029
ISIN
INE06GZ08015copy
Face Value
₹10,00,000
About Issue
This AA rated bond from The Oriental Insurance Company Limited, a corporate, offers a Fixed coupon of 8.8% with maturity on 18 March 2029. Issued through the Private placement as under ISIN INE06GZ08015, 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
[ICRA]AA (Negative)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
18 Mar 2019
Remaining Tenure
3Y 8M
Security Name
Oriental Insurance Company, 8.8% 18mar2029, INR (I)
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Negative)
Date of Rating
14 Aug 2023
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