K

Kerala Infrastructure Invest… 8.95% Dec 2032 NCD

AA Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
9.10%
Market YTM
Coupon Rate
8.95%
Per annum
Maturity Date
22 Dec 2032
6.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.10%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+312 bps
vs 6.3Y G-Sec at 5.98%
Top 23% of similar-tenor peers by spread
Tenure
6.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-12 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 2032
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 2032-12-22
Key Metrics
Coupon Rate
8.95%
YTM (Annual)
9.10%
Credit Rating
AA
(ACUITE)
Remaining Tenure
6.3 Years
Advanced metrics
Modified Duration
4.70 Yrs
Macaulay Duration
4.80 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.70 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-19
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 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

Kerala Infrastructure Investment Fund Board issued this rated, ncd (8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES F DATE OF MATURITY 22/12/2032) carrying a 8.95% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 100.6300 9.1000 1
2026-08-13 100.7630 9.0700 None
2026-08-12 100.7000 9.0845 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2023-11-02
Rating Actions History 0
Secondary-Market Trades 3 BSE 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 2032 NCD?

Kerala Infrastructure Invest… 8.95% Dec 2032 NCD carries a coupon of 8.95%, paid quarterly, on a face value of ₹100,000.

When does Kerala Infrastructure Invest… 8.95% Dec 2032 NCD mature?

Kerala Infrastructure Invest… 8.95% Dec 2032 NCD matures on 2032-12-22, 6.3 years from today.

What is Kerala Infrastructure Invest… 8.95% Dec 2032 NCD rated?

Kerala Infrastructure Invest… 8.95% Dec 2032 NCD is rated AA by ACUITE. As of 2023-11-02.

Is Kerala Infrastructure Invest… 8.95% Dec 2032 NCD secured?

Kerala Infrastructure Invest… 8.95% Dec 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Kerala Infrastructure Invest… 8.95% Dec 2032 NCD currently offer?

The last recorded trade on 2026-08-19 priced Kerala Infrastructure Invest… 8.95% Dec 2032 NCD at ₹100.63, implying a yield to maturity of 9.10%.

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Kerala Infrastructure Inve… 8.49% Jul 2027 NCD
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Maturity
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8
Kerala Infrastructure Inve… 8.95% Dec 2027 NCD
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Maturity
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8
Kerala Infrastructure Inve… 8.95% Dec 2027 NCD
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Maturity
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Kerala Infrastructure Inve… 9.10% Mar 2028 NCD
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Coupon
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Maturity
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