North Eastern Electric Power Corporation Limited - INE636F07266

Power

corporate

Coupon Rate
7.55%
Maturity Date
10 Jun 2028
ISIN
INE636F07266copy
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from North Eastern Electric Power Corporation Limited, a corporate, offers a Fixed coupon of 7.55% with maturity on 10 June 2028. Issued through the Private placement as under ISIN INE636F07266, 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
[ICRA]AA+ (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
10 Jun 2020
Remaining Tenure
2Y 9M
Security Name
NORTH EASTERN ELECTRIC POWER CORPORATION LIMITED XXII 7.55 BD 10JU28 FVRS10LAC LOAUPTO06SP20
Risk Assessment
Credit Rating
Rating
[ICRA]AA+ (Stable)
Date of Rating
07 Mar 2023
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