Tata Motors Passenger Vehicles Limited
Motor Vehicle Production
corporate
Motor Vehicle Production
corporate
Tenure
51D
Tenure
51D
About Issuer
This AA- rated bond from Tata Motors Passenger Vehicles Limited, a corporate, offers a Fixed coupon of 6.6% with maturity on 29 May 2026. Issued through the Private placement as under ISIN INE155A08423, 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
6.60%
FACE VALUE
₹10,00,000
MATURITY DATE
29 May 2026
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE155A08423
Credit rating
Rating
AA-
Rating Agency
CRISIL
Date of Rating
19 May 2023
Rating
AA-
Rating Agency
CRISIL
Date of Rating
19 May 2023
Other details
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