Ghaziabad Nagar Nigam
municipal
municipal
Tenure
24M
Tenure
24M
About Issuer
This AA rated bond from Ghaziabad Nagar Nigam, a municipal, offers a Fixed coupon of 8.1% with maturity on 06 April 2028. Issued through the Private placement as under ISIN INE0GVF24048, 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
Half Yearly
Principal
At maturity
COUPON RATE
8.10%
FACE VALUE
₹1,42,900
MATURITY DATE
06 Apr 2028
SECTOR
municipal
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE0GVF24048
Credit rating
Rating
BWR AA
Rating Agency
Brickwork Ratings
Date of Rating
21 Apr 2023
Rating
BWR AA
Rating Agency
Brickwork Ratings
Date of Rating
21 Apr 2023
Other details
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