Sundaram Finance Limited - INE660A07RO5

Microfinance

corporate

Coupon Rate
7.95%
Maturity Date
29 Aug 2025
ISIN
INE660A07RO5copy
Face Value
₹1,00,000
About Issue
This AAA rated bond from Sundaram Finance Limited, a corporate, offers a Fixed coupon of 7.95% with maturity on 29 August 2025. Issued through the Private placement as under ISIN INE660A07RO5, 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
31 Aug 2023
Remaining Tenure
29D
Security Name
SUNDARAM FINANCE LIMITED SR X3 7.95 NCD 29AG25 FVRS1LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
10 Nov 2023
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