Tiruppur City Municipal Corporation

This AA- rated bond from Tiruppur City Municipal Corporation, a municipal, offers a Fixed coupon of 8.5% with maturity on 09 January 2036. Issued through the Private placement as under ISIN INE2OVI24018, 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.