The Karur Vysya Bank Limited - INE036D08015

Banks

corporate

Coupon Rate
11.95%
Maturity Date
12 Jun 2029
ISIN
INE036D08015copy
Face Value
₹1,00,000
About Issue
This AA- rated bond from The Karur Vysya Bank Limited, a corporate, offers a Fixed coupon of 11.95% with maturity on 12 June 2029. Issued through the Private placement as under ISIN INE036D08015, 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
[ICRA]AA- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
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
12 Mar 2019
Remaining Tenure
3Y 11M
Security Name
Karur Vysya Bank, 11.95% 12jun2029, INR (Tranche A)
Risk Assessment
Credit Rating
Rating
[ICRA]AA- (Stable)
Date of Rating
27 Nov 2023
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