Kerala Financial Corporation - INE818F07146
Other Financial Institutions
corporate
Coupon Rate
7.70%
Maturity Date
14 Sep 2030
ISIN
INE818F07146
Face Value
₹2,00,000
About Issue
This AA rated bond from Kerala Financial Corporation, a corporate, offers a Fixed coupon of 7.7% with maturity on 14 September 2030. Issued through the Private placement as under ISIN INE818F07146, 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
14 Sep 2020
Remaining Tenure
5Y 2M
Security Name
KERALA FINANCIAL CORPORATION SR STRPP E 7.70 BD 14SP30 FVRS2LAC
Risk Assessment
Credit Rating
Rating
ACUITE AA (Negative)
Date of Rating
08 Aug 2024
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