Muthoot Finance Limited - INE414G07HM9
Microfinance
corporate
Coupon Rate
7.85%
Maturity Date
10 Apr 2028
ISIN
INE414G07HM9
Face Value
₹1,000
About Issue
This AA+ rated bond from Muthoot Finance Limited, a corporate, offers a Fixed coupon of 7.85% with maturity on 10 April 2028. Issued through the Public offer as under ISIN INE414G07HM9, 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
[ICRA]AA+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
10 Mar 2023
Remaining Tenure
2Y 9M
Security Name
MUTHOOT FINANCE LIMITED TR V OPT II 7.85 NCD 10AP28 FVRS1000
Risk Assessment
Credit Rating
Rating
[ICRA]AA+ (Stable)
Date of Rating
02 Nov 2023
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