K

KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD

AA Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
9.05%
Market YTM
Coupon Rate
9.49%
Per annum
Maturity Date
08 Oct 2028
2.1 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.05%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+433 bps
vs 2.1Y G-Sec at 4.72%
Above the median spread for similar-tenor peers
Tenure
2.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-22 2026-08-04
Cashflow Timeline
29 Oct 2026
Interest Payment
₹2,372.50 / Bond
29 Jan 2027
Interest Payment
₹2,372.50 / Bond
29 Apr 2027
Interest Payment
₹2,372.50 / Bond
29 Jul 2027
Interest Payment
₹2,372.50 / Bond
29 Oct 2027
Interest Payment
₹2,372.50 / Bond
29 Jan 2028
Interest Payment
₹2,372.50 / Bond
29 Apr 2028
Interest Payment
₹2,372.50 / Bond
29 Jul 2028
Interest Payment
₹2,372.50 / Bond
8 Oct 2028
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 2024-10-29 Matures 2028-10-08
Key Metrics
Coupon Rate
9.49%
YTM (Annual)
9.05%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.87 Yrs
Macaulay Duration
1.91 Yrs
Issue Size
₹129 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.87 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-04
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.51 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2024-10-29
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Kerala Infrastructure Investment Fund Board, KIIFB-9.49%-8-10-28-PVT is a rated, ncd paying a 9.49% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 101.1900 9.0500 1
2026-08-03 101.5100 8.8500 2
2026-07-31 101.8000 8.6700 1
2026-07-30 101.1300 9.0900 1
2026-07-28 100.9600 9.2100 2
2026-07-22 100.2435 9.6690 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, INDIA_RATINGS 2024-10-31
Rating Actions History 0
Secondary-Market Trades 6 BSE 2026-08-04
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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… 9.49% Oct 2028 NCD?

KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD carries a coupon of 9.49%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD matures on 2028-10-08, 2.1 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD is rated AA by INDIA_RATINGS and AA by ACUITE. As of 2024-10-31.

Is KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD currently offer?

The last recorded trade on 2026-08-04 priced KERALA INFRASTRUCTURE INVEST… 9.49% Oct 2028 NCD at ₹101.19, implying a yield to maturity of 9.05%.

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Kerala Infrastructure Inve… 8.49% Jul 2027 NCD
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Maturity
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Maturity
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Kerala Infrastructure Inve… 8.95% Dec 2027 NCD
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Maturity
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Maturity
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