Kerala Financial Corporation - INE818F07153

Other Financial Institutions

corporate

Coupon Rate
8.90%
Maturity Date
30 Mar 2029
ISIN
INE818F07153copy
Face Value
₹1,00,000
About Issue
This AA rated bond from Kerala Financial Corporation, a corporate, offers a Fixed coupon of 8.9% with maturity on 30 March 2029. Issued through the Private placement as under ISIN INE818F07153, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
24 Mar 2023
Remaining Tenure
3Y 9M
Security Name
KERALA FINANCIAL CORPORATION SR I STRPP A 8.9 NCD 30MR29 FVRS1LAC
Risk Assessment
Credit Rating
Rating
ACUITE AA (Negative)
Date of Rating
08 Aug 2024
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