Sundaram Finance Limited - INE660A07RN7
Microfinance
corporate
Coupon Rate
7.75%
Maturity Date
08 Aug 2028
ISIN
INE660A07RN7
Face Value
₹1,00,000
About Issue
This AAA rated bond from Sundaram Finance Limited, a corporate, offers a Fixed coupon of 7.75% with maturity on 08 August 2028. Issued through the Private placement as under ISIN INE660A07RN7, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
[ICRA]AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
08 Aug 2023
Remaining Tenure
3Y 1M
Security Name
SUNDARAM FINANCE LIMITED SR X2 7.75 NCD 08AG28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
10 Nov 2023
Could not find what you were looking for?
Call Us
+91 8953265326
Mail Us
[email protected]
Loading featured bonds...