K

KERALA INFRASTRUCTURE INVEST… 9.40% 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
9.24%
Market YTM
Coupon Rate
9.40%
Per annum
Maturity Date
30 Dec 2031
5.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.24%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+301 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)
2026-06-29 2026-08-25
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 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 2024-12-27 Matures 2031-12-30
Key Metrics
Coupon Rate
9.40%
YTM (Annual)
9.24%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
5.3 Years
Advanced metrics
Modified Duration
4.10 Yrs
Macaulay Duration
4.20 Yrs
Issue Size
₹286 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.10 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-25
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 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

Kerala Infrastructure Investment Fund Board issued this rated, ncd (KIIFB-9.4%-30-12-31-PVT) carrying a 9.40% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 102.0000 9.2400 1
2026-08-21 103.3300 8.8600 1
2026-08-19 101.0000 9.4900 1
2026-08-11 102.9500 8.9700 2
2026-07-24 102.0000 9.2400 1
2026-07-16 101.0000 9.4900 1
2026-07-13 102.0000 9.2500 1
2026-07-01 101.0000 9.5000 1
2026-06-29 102.0000 9.2500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2024-11-28
Rating Actions History 0
Secondary-Market Trades 9 BSE 2026-08-25
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 2031 NCD?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD carries a coupon of 9.40%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD matures on 2031-12-30, 5.3 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD is rated AA by INDIA_RATINGS. As of 2024-11-28.

Is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD currently offer?

The last recorded trade on 2026-08-25 priced KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2031 NCD at ₹102.00, implying a yield to maturity of 9.24%.

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Maturity
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Maturity
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