Cholamandalam Investment and Finance Company Limited
Microfinance
corporate
Microfinance
corporate
Tenure
7M
Tenure
7M
About Issuer
This AA+ rated bond from Cholamandalam Investment and Finance Company Limited, a corporate, offers a Fixed coupon of 8.55% with maturity on 13 November 2026. Issued through the Private placement as under ISIN INE121A07MZ5, 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
Yearly
Principal
At maturity
COUPON RATE
8.55%
FACE VALUE
₹10,00,000
MATURITY DATE
13 Nov 2026
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE121A07MZ5
Credit rating
Rating
[ICRA]AA+
Rating Agency
ICRA
Date of Rating
21 Jul 2023
Rating
[ICRA]AA+
Rating Agency
ICRA
Date of Rating
21 Jul 2023
Other details
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