K

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD

AA Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
9.08%
Market YTM
Coupon Rate
9.40%
Per annum
Maturity Date
30 Dec 2033
7.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.08%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+250 bps
vs 7.3Y G-Sec at 6.58%
Above the median spread for similar-tenor peers
Tenure
7.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-24
Cashflow Timeline
27 Sep 2026
Interest Payment
₹2,350.00 / Bond
27 Dec 2026
Interest Payment
₹2,350.00 / Bond
27 Mar 2027
Interest Payment
₹2,350.00 / Bond
27 Jun 2027
Interest Payment
₹2,350.00 / Bond
27 Sep 2027
Interest Payment
₹2,350.00 / Bond
27 Dec 2027
Interest Payment
₹2,350.00 / Bond
27 Mar 2028
Interest Payment
₹2,350.00 / Bond
27 Jun 2028
Interest Payment
₹2,350.00 / Bond
30 Dec 2033
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 2024-12-27 Matures 2033-12-30
Key Metrics
Coupon Rate
9.40%
YTM (Annual)
9.08%
Credit Rating
AA
(ACUITE)
Remaining Tenure
7.3 Years
Advanced metrics
Modified Duration
5.20 Yrs
Macaulay Duration
5.32 Yrs
Issue Size
₹286 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.20 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-24
NSE OTC (WAP)
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 0.60 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2024-12-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Kerala Infrastructure Investment Fund Board, KIIFB-9.4%-30-12-33-PVT is a rated, ncd paying a 9.40% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 103.2100 9.0847 None
2026-08-21 103.2400 9.0800 1
2026-08-05 102.5607 9.2200 1
2026-08-03 103.6100 9.0100 1
2026-07-31 99.2500 9.9100 1
2026-06-29 102.2000 9.3000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2024-11-30
Rating Actions History 0
Secondary-Market Trades 6 NSE OTC (WAP) 2026-08-24
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 2033 NCD?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD carries a coupon of 9.40%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD matures on 2033-12-30, 7.3 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD is rated AA by ACUITE. As of 2024-11-30.

Is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD currently offer?

The last recorded trade on 2026-08-24 priced KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2033 NCD at ₹103.21, implying a yield to maturity of 9.08%.

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