Greater Chennai Corporation

This AA+ rated bond from Greater Chennai Corporation, a municipal, offers a Fixed coupon of 7.97% with maturity on 21 May 2031. Issued through the Private placement as under ISIN INE1SKA24011, 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.