Greater Hyderabad Municipal Corporation - INE477Z24011

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.