Indian Overseas Bank

This AA rated bond from Indian Overseas Bank, a corporate, offers a Fixed coupon of 9.0802% with maturity on 24 September 2029. Issued through the Private placement as under ISIN INE565A08035, 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.