NMDC Steel Limited

Ferrous metals

corporate

Tenure
0D
About Issuer
This A rated bond from NMDC Steel Limited, a corporate, offers a Fixed coupon of 7.3% with maturity on 28 August 2025. Issued through the Private placement as under ISIN INE584A08010, with a solid investment-grade rating, this bond offers an attractive opportunity for investors willing to accept moderate credit risk in exchange for higher yields. An ideal pick for investors aiming to boost portfolio returns, while staying within the boundaries of credible credit quality in the NBFC space.
Summary
Interest
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
7.30%
FACE VALUE
₹10,00,000
MATURITY DATE
28 Aug 2025
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE584A08010
Credit rating
Rating
[ICRA]A
Rating Agency
ICRA
Date of Rating
06 Feb 2023
Other details
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