The Andhra Pradesh Mineral Development Corporation Limited - INE0TLC07085
municipal
municipal
Coupon Rate
9.30%
Maturity Date
07 May 2027
ISIN
INE0TLC07085
Face Value
₹1,00,000
About Issuer
This AA rated bond from The Andhra Pradesh Mineral Development Corporation Limited, a municipal, offers a Fixed coupon of 9.3% with maturity on 07 May 2027. Issued through the Private placement as under ISIN INE0TLC07085, 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
ACUITE AA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
municipal
Total Issue Size
-
Allotment Date
08 May 2025
Remaining Tenure
15M
Security Name
THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LIMITED SR I STRPP A 9.30 BD 07MY27 FVRS1LAC
Risk Assessment
Credit Rating
Rating
ACUITE AA (Stable)
Date of Rating
22 Aug 2025
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