CreditAccess Grameen Limited - INE741K07405

Microfinance

corporate

Coupon Rate
9.85%
Maturity Date
31 Mar 2026
ISIN
INE741K07405copy
Face Value
-
About Issue
This AA- rated bond from CreditAccess Grameen Limited, a corporate, offers a Fixed coupon of 9.85% with maturity on 31 March 2026. Issued through the Private placement as under ISIN INE741K07405, 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.
Key Attributes
Rating
[ICRA]AA- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
31 Mar 2021
Remaining Tenure
8M
Security Name
CreditAccess Grameen, 9.85% 31mar2026, INR
Risk Assessment
Credit Rating
Rating
[ICRA]AA- (Stable)
Date of Rating
19 Oct 2023
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