Ghaziabad Nagar Nigam - INE0GVF24030

municipal

Coupon Rate
8.10%
Maturity Date
06 Apr 2027
ISIN
INE0GVF24030copy
Face Value
₹1,42,900
About Issue
This AA rated bond from Ghaziabad Nagar Nigam, a municipal, offers a Fixed coupon of 8.1% with maturity on 06 April 2027. Issued through the Private placement as under ISIN INE0GVF24030, 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
municipal
Total Issue Size
-
Allotment Date
06 Apr 2021
Remaining Tenure
21M
Security Name
GHAZIABAD NAGAR NIGAM STRPP-C 8.1 BD 06AP27 FVRS142900
Risk Assessment
Credit Rating
Rating
BWR AA (Stable)
Date of Rating
21 Apr 2023
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