JM Financial Products Limited - INE523H07BY3

Microfinance

corporate

Coupon Rate
8.90%
Maturity Date
24 Dec 2026
ISIN
INE523H07BY3copy
Face Value
₹1,00,000
About Issue
This AA rated bond from JM Financial Products Limited, a corporate, offers a Fixed coupon of 8.9% with maturity on 24 December 2026. Issued through the Private placement as under ISIN INE523H07BY3, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
27 Jun 2023
Remaining Tenure
17M
Security Name
JM FINANCIAL PRODUCTS LIMITED SR II TR DC 8.9 NCD 24DC26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Stable)
Date of Rating
20 Oct 2023
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