Indian Renewable Energy Development Agency Limited - INE202E08060
Power
corporate
Coupon Rate
7.74%
Maturity Date
08 May 2030
ISIN
INE202E08060
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Indian Renewable Energy Development Agency Limited, a corporate, offers a Fixed coupon of 7.74% with maturity on 08 May 2030. Issued through the Private placement as under ISIN INE202E08060, 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.
Key Attributes
Rating
IND AA+ (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
08 May 2020
Remaining Tenure
4Y 10M
Security Name
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR X 7.74 LOA 08MY30 FVRS10LAC
Risk Assessment
Credit Rating
Rating
IND AA+ (Stable)
Date of Rating
04 Dec 2020
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