National Insurance Company Limited
Insurance and Reinsurance
corporate
Insurance and Reinsurance
corporate
Tenure
12M
Tenure
12M
About Issuer
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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
8.35%
FACE VALUE
₹10,00,000
MATURITY DATE
26 Mar 2027
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE168X08014
Credit rating
Rating
[ICRA]A+
Rating Agency
ICRA
Date of Rating
19 Sep 2023
Rating
[ICRA]A+
Rating Agency
ICRA
Date of Rating
19 Sep 2023
Other details
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