IDFC First Bank Limited

Banks

corporate

Tenure
14M
About Issuer
This AA+ rated bond from IDFC First Bank Limited, a corporate, offers a Fixed coupon of 8.38% with maturity on 15 June 2027. Issued through the Private placement as under ISIN INE092T08EI9, 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
8.38%
FACE VALUE
-
MATURITY DATE
15 Jun 2027
SECTOR
corporate
COLLATERAL SECURITY
-
TAX STATUS
-
TRUSTEE
-
ISIN
INE092T08EI9
Credit rating
Rating
CARE AA+
Rating Agency
CARE Ratings
Date of Rating
11 Oct 2019
Other details
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