JM Financial Products Limited - INE523H07BC9
Microfinance
corporate
Coupon Rate
9.57%
Maturity Date
16 Mar 2030
ISIN
INE523H07BC9
Face Value
₹1,000
About Issue
This AA rated bond from JM Financial Products Limited, a corporate, offers a Fixed coupon of 9.57% with maturity on 16 March 2030. Issued through the Public offer as under ISIN INE523H07BC9, 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
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
16 Mar 2020
Remaining Tenure
4Y 8M
Security Name
JM FINANCIAL PRODUCTS LIMITED SR X TRANCHE III 9.57 NCD 16MR30 FVRS1000
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Stable)
Date of Rating
20 Oct 2023
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