Kerala Financial Corporation - INE818F07062
Other Financial Institutions
corporate
Coupon Rate
8.99%
Maturity Date
09 Jul 2025
ISIN
INE818F07062
Face Value
₹2,50,000
About Issue
This AA rated bond from Kerala Financial Corporation, a corporate, offers a Fixed coupon of 8.99% with maturity on 09 July 2025. Issued through the Private placement as under ISIN INE818F07062, 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
ACUITE AA (Negative)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
09 Jul 2019
Remaining Tenure
0D
Security Name
KERALA FINANCIAL CORPORATION STRP C 8.99 BD 09JL25 FVRS2.5LAC
Risk Assessment
Credit Rating
Rating
ACUITE AA (Negative)
Date of Rating
08 Aug 2024
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