Royal Sundaram General Insurance Company Limited
Insurance and Reinsurance
corporate
Insurance and Reinsurance
corporate
Tenure
12M
Tenure
12M
About Issuer
This AA+ rated bond from Royal Sundaram General Insurance Company Limited, a corporate, offers a Fixed coupon of 10.5% with maturity on 27 March 2027. Issued through the Private placement as under ISIN INE499S08021, 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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
10.50%
FACE VALUE
₹10,00,000
MATURITY DATE
27 Mar 2027
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE499S08021
Credit rating
Rating
[ICRA]AA+
Rating Agency
ICRA
Date of Rating
17 Dec 2021
Rating
[ICRA]AA+
Rating Agency
ICRA
Date of Rating
17 Dec 2021
Other details
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