Greater Visakhapatnam Municipal Corporation

This AA rated bond from Greater Visakhapatnam Municipal Corporation, a municipal, offers a Fixed coupon of 10% with maturity on 21 December 2028. Issued through the Private placement as under ISIN INE423G07051, 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.