K

Kerala Infrastructure Invest… 8.95% Dec 2031 NCD

AA Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
8.84%
Market YTM
Coupon Rate
8.95%
Per annum
Maturity Date
22 Dec 2031
5.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.84%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+261 bps
vs 5.3Y G-Sec at 6.23%
Above the median spread for similar-tenor peers
Tenure
5.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-07 2026-08-19
Cashflow Timeline
22 Sep 2026
Interest Payment
₹2,237.50 / Bond
22 Dec 2026
Interest Payment
₹2,237.50 / Bond
22 Mar 2027
Interest Payment
₹2,237.50 / Bond
22 Jun 2027
Interest Payment
₹2,237.50 / Bond
22 Sep 2027
Interest Payment
₹2,237.50 / Bond
22 Dec 2027
Interest Payment
₹2,237.50 / Bond
22 Mar 2028
Interest Payment
₹2,237.50 / Bond
22 Jun 2028
Interest Payment
₹2,237.50 / Bond
22 Dec 2031
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-12-22 Matures 2031-12-22
Key Metrics
Coupon Rate
8.95%
YTM (Annual)
8.84%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
5.3 Years
Advanced metrics
Modified Duration
4.13 Yrs
Macaulay Duration
4.22 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.13 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-19
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.05 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-12-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES E DATE OF MATURITY 22/12/2031 is a rated, redeemable ncd issued by Kerala Infrastructure Investment Fund Board. The bond offers a fixed coupon of 8.95% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 101.6459 8.8424 None
2026-08-17 100.7400 9.0500 1
2026-08-06 100.2537 9.1800 1
2026-07-30 99.4800 9.3900 1
2026-07-23 99.4300 9.4000 None
2026-07-13 99.7000 9.3300 1
2026-07-07 99.6600 9.3400 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-11-10
Rating Actions History 0
Secondary-Market Trades 7 NSE OTC (WAP) 2026-08-19
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Kerala Infrastructure Invest… 8.95% Dec 2031 NCD?

Kerala Infrastructure Invest… 8.95% Dec 2031 NCD carries a coupon of 8.95%, paid quarterly, on a face value of ₹100,000.

When does Kerala Infrastructure Invest… 8.95% Dec 2031 NCD mature?

Kerala Infrastructure Invest… 8.95% Dec 2031 NCD matures on 2031-12-22, 5.3 years from today.

What is Kerala Infrastructure Invest… 8.95% Dec 2031 NCD rated?

Kerala Infrastructure Invest… 8.95% Dec 2031 NCD is rated AA by INDIA_RATINGS. As of 2023-11-10.

Is Kerala Infrastructure Invest… 8.95% Dec 2031 NCD secured?

Kerala Infrastructure Invest… 8.95% Dec 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Kerala Infrastructure Invest… 8.95% Dec 2031 NCD currently offer?

The last recorded trade on 2026-08-19 priced Kerala Infrastructure Invest… 8.95% Dec 2031 NCD at ₹101.65, implying a yield to maturity of 8.84%.

More Bonds from This Issuer
K
Kerala Infrastructure Inve… 8.49% Jul 2027 NCD
AA
Coupon
8.49%
Maturity
02 Jul 2027
8
Kerala Infrastructure Inve… 8.95% Dec 2027 NCD
Coupon
8.95%
Maturity
22 Dec 2027
8
Kerala Infrastructure Inve… 8.95% Dec 2027 NCD
AA
Coupon
8.95%
Maturity
22 Dec 2027
K
Kerala Infrastructure Inve… 9.10% Mar 2028 NCD
AA
Coupon
9.10%
Maturity
26 Mar 2028
Compare (/) Compare Bonds

← Back to screener