Indian Renewable Energy Development Agency Limited
Power
corporate
Power
corporate
Tenure
2Y 11M
Tenure
2Y 11M
About Issuer
This AA+ rated bond from Indian Renewable Energy Development Agency Limited, a corporate, offers a Fixed coupon of 9.23% with maturity on 22 February 2029. Issued through the Private placement as under ISIN INE202E08045, 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
9.23%
FACE VALUE
₹10,00,000
MATURITY DATE
22 Feb 2029
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE202E08045
Credit rating
Rating
IND AA+
Rating Agency
India Ratings and Research
Date of Rating
04 Dec 2020
Rating
IND AA+
Rating Agency
India Ratings and Research
Date of Rating
04 Dec 2020
Other details
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