Greater Hyderabad Municipal Corporation - INE477Z08014

municipal

Coupon Rate
8.90%
Maturity Date
16 Feb 2028
ISIN
INE477Z08014copy
Face Value
₹10,00,000
About Issue
This AA- rated bond from Greater Hyderabad Municipal Corporation, a municipal, offers a Fixed coupon of 8.9% with maturity on 16 February 2028. Issued through the Private placement as under ISIN INE477Z08014, 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
CARE AA- (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
municipal
Total Issue Size
-
Allotment Date
16 Feb 2018
Remaining Tenure
2Y 7M
Security Name
GREATER HYDERABAD MUNICIPAL CORPORATION SR-I 8.9 BD 16FB28 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Stable)
Date of Rating
24 Dec 2024
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