Steel Authority Of India Limited

Ferrous metals

corporate

Tenure
154D
About Issuer
This AA rated bond from Steel Authority Of India Limited, a corporate, offers a Fixed coupon of 9.35% with maturity on 09 September 2026. Issued through the Private placement as under ISIN INE114A07729, 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
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
9.35%
FACE VALUE
-
MATURITY DATE
09 Sep 2026
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
-
TRUSTEE
-
ISIN
INE114A07729
Credit rating
Rating
CARE AA
Rating Agency
CARE Ratings
Date of Rating
03 Aug 2023
Other details
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