Steel Authority Of India Limited - INE114A07638

Ferrous metals

corporate

Coupon Rate
8.80%
Maturity Date
26 Oct 2025
ISIN
INE114A07638copy
Face Value
₹10,00,000
About Issuer
This AA rated bond from Steel Authority Of India Limited, a corporate, offers a Fixed coupon of 8.8% with maturity on 26 October 2025. Issued through the Private placement as under ISIN INE114A07638, 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
CARE AA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
26 Oct 2009
Remaining Tenure
42D
Security Name
STEEL AUTHORITY OF INDIA LIMITED 8.8 BD 26OT25 FVRS10LAC LOA UPTO 25OT09
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
08 Oct 2024
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