Explore / Results / KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

High Safety

High Safety

ISIN

INE658F08110

Copied
copy button

Essentials - State Guaranteed Bond (SLU)

Coupon Rate (Returns)

8.9500 %

Rating

ACUITE  AA(CE)

Interest Payment Frequency

QUARTERLY

Once Every Quarter

Maturity Date

Dec 21, 2029

5 years 6 months

Last Offered
Yield to Maturity
(YTM)

9.2475 %

Effective Returns

Security Class

Bond

Next Interest Payment Date

Sep 22, 2024

Allotment Date

Dec 22, 2023

Call date

-

Put date

-

Coupon Type

Fixed Interest

Calculate Investment

Minimum bond quantity is

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 1,00,000.00

Last Offered
Market value

₹ 1,00,000.00

Indicative Principal Amount

(Last Offered Market value * no. of bonds)

₹ 1,00,000.00

Indicative Accrued Interest till Jun 19, 2024

(Interest earned on the bond this year)

-73

Total Investment

₹ 99,926.64

×

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue Details

Issue Size

₹ 214.28 Crores

Private Placement

Listing details

Yes

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issuer Details

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Business Sector

Others

Cameo Corporate Services Ltd

Registrar Details

Cameo Corporate Services Ltd

Ownership

Public Sector Undertaking (PSU)

Security Name

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD SR C 8.95 BD 21DC29 FVRS1LAC

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD SR C 8.95 BD 21DC29 FVRS1LAC

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD SR C 8.95 BD 21DC29 FVRS1LAC

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement

*Rating Agency -ACUITE

Please note this bond is currently in shut period.

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement

*Rating Agency - ACUITE

What can I earn?

Your investment will yield regular returns across the tenure


Your Investment

₹ ₹ 99,926.64


Indicative
Principal Amount

₹ ₹ 1,00,000.00

+

Indicative
Accrued Interest

₹ -73

Final Payout


Indicative
Principal Payout

₹ ₹ 99,926.64

+

Indicative
Interest Payout

₹ 45,847.000000

Year

Payment
Schedule (Date)

Interest Payout (₹)

Redemption
Amount (₹)

Redemption
Value (%)

2024

Quarterly

₹ 0

₹ 0

0.0000 %

2024

22 Sep

₹ 2,249.73

2024

22 Dec

₹ 2,225.27

2025

Quarterly

₹ 0

₹ 0

0.0000 %

2025

22 Mar

₹ 2,206.85

2025

22 Jun

₹ 2,255.89

2025

22 Sep

₹ 2,255.89

2025

22 Dec

₹ 2,231.37

2026

Quarterly

₹ 0

₹ 0

0.0000 %

2026

22 Mar

₹ 2,206.85

2026

22 Jun

₹ 2,255.89

2026

22 Sep

₹ 2,255.89

2026

22 Dec

₹ 2,231.37

2027

Quarterly

₹ 0

₹ 0

0.0000 %

2027

22 Mar

₹ 2,206.85

2027

22 Jun

₹ 2,255.89

2027

22 Sep

₹ 2,255.89

2027

22 Dec

₹ 2,231.37

2028

Quarterly

₹ 0

₹ 0

0.0000 %

2028

22 Mar

₹ 2,225.27

2028

22 Jun

₹ 2,249.73

2028

22 Sep

₹ 2,249.73

2028

22 Dec

₹ 2,225.27

2029

Quarterly

₹ 0

₹ 0

100.0000 %

2029

22 Mar

₹ 2,206.85

25,000.00

25.0000 %

2029

22 Jun

₹ 1,691.92

25,000.00

25.0000 %

2029

21 Sep

₹ 1,115.68

25,000.00

25.0000 %

2029

21 Dec

₹ 557.84

25,000.00

25.0000 %

Your Investment

Total Investment

₹ 99,926.64

Final Payout

Total Payout

1,45,847.000000

2024

2025

2026

2027

2028

2029

Final Payout

Total Payout

1,45,847.000000

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

AA(CE)

(Apr 11, 2024)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Under Watch

Not Applicable

Not Applicable

pyramid icon

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

lock icon

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

gurantee icon

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

You may also like...

Satya Microcapital Limited

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.7000%

Price

₹ 1,00,444.42

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

13.1500%

Price

₹ 1,01,898.50

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Mar 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

13.0000%

Price

₹ 99,719.09

Jana Small Finance Bank Limited

Coupon

13.8000%

Maturity

Jul 2027

Rating

ICRA  A-

Type of Bond

Subordinate Debt Tier 2

Yield

11.7500%

Price

₹ 2,47,867.67

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Apr 2026

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.5500%

Price

₹ 1,02,738.81

Esaf Small Finance Bank Limited

Coupon

11.0000%

Maturity

Apr 2030

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.3500%

Price

₹ 1,02,478.27

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Sep 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.2947%

Price

₹ 1,00,382.88

Mas Financial Services Limited

Coupon

10.7500%

Maturity

Jul 2029

Rating

CARE  AA-

Type of Bond

Subordinate Debt

Yield

11.2897%

Price

₹ 1,00,559.59

Still looking for help?