The Oriental Insurance Company Limited

Insurance and Reinsurance

corporate

Tenure
3Y
About Issuer
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.
Summary
Interest
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
8.80%
FACE VALUE
₹10,00,000
MATURITY DATE
18 Mar 2029
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE06GZ08015
Credit rating
Rating
[ICRA]AA
Rating Agency
ICRA
Date of Rating
14 Aug 2023
Other details
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