Sundaram Finance Limited - INE660A08CB2
Microfinance
corporate
Coupon Rate
8.60%
Maturity Date
25 Sep 2029
ISIN
INE660A08CB2
Face Value
₹10,00,000
About Issue
This AAA rated bond from Sundaram Finance Limited, a corporate, offers a Fixed coupon of 8.6% with maturity on 25 September 2029. Issued through the Private placement as under ISIN INE660A08CB2, 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
25 Sep 2019
Remaining Tenure
4Y 3M
Security Name
SUNDARAM FINANCE LIMITED SR T7 8.60 NCD 25SP29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
10 Nov 2023
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+91 8953265326
Mail Us
[email protected]
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