Food Corporation of India
Food and Beverage Production
corporate
Food and Beverage Production
corporate
Tenure
24M
Tenure
24M
About Issuer
This AAA rated bond from Food Corporation of India, a corporate, offers a Fixed coupon of 8.8% with maturity on 22 March 2028. Issued through the Private placement as under ISIN INE861G08027, 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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
8.80%
FACE VALUE
₹10,00,000
MATURITY DATE
22 Mar 2028
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE861G08027
Credit rating
Rating
[ICRA]AAA
Rating Agency
ICRA
Date of Rating
23 Feb 2023
Rating
[ICRA]AAA
Rating Agency
ICRA
Date of Rating
23 Feb 2023
Other details
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