National Bank For Agriculture and Rural Development - INE261F08DE0
Government Agencies
corporate
Coupon Rate
6.60%
Maturity Date
27 May 2031
ISIN
INE261F08DE0
Face Value
₹10,00,000
About Issue
This AAA rated bond from National Bank For Agriculture and Rural Development, a corporate, offers a Fixed coupon of 6.6% with maturity on 27 May 2031. Issued through the Private placement as under ISIN INE261F08DE0, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
[ICRA]AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
27 May 2021
Remaining Tenure
5Y 11M
Security Name
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 1 6.60 LOA 27MY31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
01 Sep 2023
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