K

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 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
9.30%
Market YTM
Coupon Rate
9.40%
Per annum
Maturity Date
29 Dec 2028
2.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.30%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+493 bps
vs 2.3Y G-Sec at 4.37%
Top 23% of similar-tenor peers by spread
Tenure
2.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-17
Cashflow Timeline
30 Sep 2026
Interest Payment
₹2,350.00 / Bond
30 Dec 2026
Interest Payment
₹2,350.00 / Bond
30 Mar 2027
Interest Payment
₹2,350.00 / Bond
30 Jun 2027
Interest Payment
₹2,350.00 / Bond
30 Sep 2027
Interest Payment
₹2,350.00 / Bond
30 Dec 2027
Interest Payment
₹2,350.00 / Bond
30 Mar 2028
Interest Payment
₹2,350.00 / Bond
30 Jun 2028
Interest Payment
₹2,350.00 / Bond
29 Dec 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 2024-12-30 Matures 2028-12-29
Key Metrics
Coupon Rate
9.40%
YTM (Annual)
9.30%
Credit Rating
AA
(ACUITE)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
2.05 Yrs
Macaulay Duration
2.09 Yrs
Issue Size
₹286 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.05 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-17
BSE
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 0.60 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
2024-12-30
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

KIIFB-9.4%-29-12-28-PVT is a rated, redeemable ncd issued by Kerala Infrastructure Investment Fund Board. The bond offers a fixed coupon of 9.40% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 100.7400 9.3000 2
2026-08-14 100.7400 9.3000 1
2026-08-13 100.2900 9.5700 2
2026-08-12 101.1900 9.0500 1
2026-07-14 101.1400 9.1000 1
2026-07-13 101.3700 8.9700 2
2026-07-10 100.9600 9.2100 9
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2024-11-30
Rating Actions History 0
Secondary-Market Trades 7 BSE 2026-08-17
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… 9.40% Dec 2028 NCD?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD carries a coupon of 9.40%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD matures on 2028-12-29, 2.3 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD is rated AA by ACUITE. As of 2024-11-30.

Is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD currently offer?

The last recorded trade on 2026-08-17 priced KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2028 NCD at ₹100.74, implying a yield to maturity of 9.30%.

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