Pimpri Chinchwad Municipal Corporation
municipal
municipal
Tenure
2Y 4M
Tenure
2Y 4M
About Issuer
This AA+ rated bond from Pimpri Chinchwad Municipal Corporation, a municipal, offers a Fixed coupon of 8.15% with maturity on 28 July 2028. Issued through the Private placement as under ISIN INE0P1K24010, 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
8.15%
FACE VALUE
₹1,00,000
MATURITY DATE
28 Jul 2028
SECTOR
municipal
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE0P1K24010
Credit rating
Rating
CARE AA+
Rating Agency
CARE Ratings
Date of Rating
08 Aug 2025
Rating
CARE AA+
Rating Agency
CARE Ratings
Date of Rating
08 Aug 2025
Other details
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