Bond Overview
Coupon Rate
12%
MONTHLY payments
Tenure
29 MONTHS
Matures on 1 April 2028
Credit Rating
A-
Adequate Safety
Face Value
₹1,00,000
Min: ₹1,00,000
Issue Date
28 September 2023
Maturity Date
1 April 2028
Interest Payment
MONTHLY
Minimum Investment
₹1,00,000
ISIN
INE076I07038
Security Type
Secured
Repayment Priority
Senior
Yield to Maturity
12.3%
Market Value
₹1,00,900
1 Apr 2025
28 Feb 2026
1 Apr 2028
Total Tenure
29 MONTHS
Time Elapsed
12%
Time Remaining
88%
Investment Summary
Returns Breakdown
Credit Rating Scale
A- 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: 1 bonds (₹1,00,000)
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