The Federal Bank Limited

Banks

corporate

Tenure
3Y 3M
About Issuer
This AA+ rated bond from The Federal Bank Limited, a corporate, offers a Fixed coupon of 9.75% with maturity on 20 June 2029. Issued through the Private placement as under ISIN INE171A08024, 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
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
9.75%
FACE VALUE
-
MATURITY DATE
20 Jun 2029
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE171A08024
Credit rating
Rating
CARE AA+
Rating Agency
CARE Ratings
Date of Rating
06 Oct 2023
Other details
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