Sundaram Finance Limited - INE660A08BY6

Microfinance

corporate

Coupon Rate
8.45%
Maturity Date
21 Feb 2028
ISIN
INE660A08BY6copy
Face Value
₹10,00,000
About Issue
This AAA rated bond from Sundaram Finance Limited, a corporate, offers a Fixed coupon of 8.45% with maturity on 21 February 2028. Issued through the Private placement as under ISIN INE660A08BY6, 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
21 Feb 2018
Remaining Tenure
2Y 7M
Security Name
SUNDARAM FINANCE LIMITED SR-Q-25 8.45 NCD 21FB28 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
10 Nov 2023
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