Steel Authority Of India Limited
Ferrous metals
corporate
Ferrous metals
corporate
Tenure
154D
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
Yearly
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
Rating
CARE AA
Rating Agency
CARE Ratings
Date of Rating
03 Aug 2023
Other details
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