Hyderabad Metropolitan Development Authority

This AA+ rated bond from Hyderabad Metropolitan Development Authority, a municipal, offers a Fixed coupon of 8.7% with maturity on 15 March 2044. Issued through the Private placement as under ISIN INE2T2Q07147, 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.