Bond Overview
Coupon Rate
10.25%
MONTHLY payments
Tenure
23 Months
Matures on 15 October 2027
Credit Rating
BBB
Moderate Safety
Face Value
₹10,000
Min: ₹50,000
Issue Date
5 May 2024
Maturity Date
15 October 2027
Interest Payment
MONTHLY
Minimum Investment
₹50,000
ISIN
INE296Q07142
Security Type
Secured
Repayment Priority
Senior
Yield to Maturity
11.3%
Market Value
₹9,919
15 Oct 2025
5 Apr 2026
15 Oct 2027
Total Tenure
23 Months
Time Elapsed
19%
Time Remaining
81%
Investment Summary
Returns Breakdown
Credit Rating Scale
BBB rating indicates adequate degree of safety regarding timely servicing of financial obligations.
Risk Assessment
This bond carries moderate risk and offers a balance between safety and returns.
This bond is backed by specific assets as collateral
Collateral Information
Asset-Backed Security
This bond is secured by specific assets of the issuer that can be claimed by bondholders in case of default.
Collateral Ratio
The bond is secured with collateral valued at 1.2x the bond issuance amount, providing additional security.
Collateral Type
The collateral consists of physical assets, receivables, and investments owned by the issuer.
Repayment Priority: Senior
Priority Level
Senior bonds have priority claim on the issuer's assets in case of bankruptcy or liquidation.
Creditor Protection
As a senior bondholder, you have stronger creditor protection and lower risk compared to subordinated debt.
Higher level investments are prioritised in the event of a default.
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Min. quantity: 5 bonds (₹50,000)
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