National Insurance Company Limited - INE168X08014

Insurance and Reinsurance

corporate

Coupon Rate
8.35%
Maturity Date
26 Mar 2027
ISIN
INE168X08014copy
Face Value
₹10,00,000
About Issue
This A+ rated bond from from National Insurance Company Limited, a corporate, offers a Fixed coupon of 8.35% with maturity on 26 March 2027. Issued through the Private placement as under ISIN INE168X08014, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Key Attributes
Rating
[ICRA]A+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
27 Mar 2017
Remaining Tenure
20M
Security Name
NATIONAL INSURANCE COMPANY LIMITED SR-I 8.35 NCD 26MR27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]A+ (Stable)
Date of Rating
19 Sep 2023
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