The Andhra Pradesh Mineral Development Corporation Limited

municipal

Tenure
3Y 2M
About Issuer
This AA rated bond from The Andhra Pradesh Mineral Development Corporation Limited, a municipal, offers a Fixed coupon of 9.3% with maturity on 08 May 2029. Issued through the Private placement as under ISIN INE0TLC07069, 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
Quarterly
Principal
Principal
At maturity
COUPON RATE
9.30%
FACE VALUE
₹1,00,000
MATURITY DATE
08 May 2029
SECTOR
municipal
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE0TLC07069
Credit rating
Rating
ACUITE AA
Rating Agency
Acuite Ratings & Research
Date of Rating
22 Aug 2025
Other details
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