Greater Hyderabad Municipal Corporation

municipal

Tenure
3Y 5M
About Issuer
This AA- rated bond from Greater Hyderabad Municipal Corporation, a municipal, offers a Fixed coupon of 10.23% with maturity on 21 August 2029. Issued through the Private placement as under ISIN INE477Z24011, 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.
Summary
Interest
Interest
Half Yearly
Principal
Principal
At maturity
COUPON RATE
10.23%
FACE VALUE
₹10,00,000
MATURITY DATE
21 Aug 2029
SECTOR
municipal
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE477Z24011
Credit rating
Rating
CARE AA-
Rating Agency
CARE Ratings
Date of Rating
23 Dec 2025
Other details
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