Axis Finance Limited - INE891K08059
Microfinance
corporate
Coupon Rate
8.08%
Maturity Date
14 Sep 2027
ISIN
INE891K08059
Face Value
₹10,00,000
About Issuer
This AAA rated bond from Axis Finance Limited, a corporate, offers a Fixed coupon of 8.08% with maturity on 14 September 2027. Issued through the Private placement as under ISIN INE891K08059, 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.
Key Attributes
Rating
CRISIL AAA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
14 Sep 2017
Remaining Tenure
24M
Security Name
AXIS FINANCE LIMITED SR-03 8.08 NCD 14SP27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AAA (Stable)
Date of Rating
26 Jun 2020
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