The Federal Bank Limited - INE171A08024
Banks
corporate
Coupon Rate
9.75%
Maturity Date
20 Jun 2029
ISIN
INE171A08024
Face Value
-
About Issuer
This AA+ rated bond from The Federal Bank Limited, a corporate, offers a Fixed coupon of 9.75% with maturity on 20 June 2029. Issued through the Private placement as under ISIN INE171A08024, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
20 Jun 2019
Remaining Tenure
3Y 10M
Security Name
The Federal Bank, 9.75% 20jun2029, INR (1)
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
06 Oct 2023
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