K

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD

AA Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
9.38%
Market YTM
Coupon Rate
9.40%
Per annum
Maturity Date
28 Dec 2029
3.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.38%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+354 bps
vs 3.3Y G-Sec at 5.84%
Above the median spread for similar-tenor peers
Tenure
3.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-24 2026-08-19
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
28 Dec 2029
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 2029-12-28
Key Metrics
Coupon Rate
9.40%
YTM (Annual)
9.38%
Credit Rating
AA
(ACUITE)
Remaining Tenure
3.3 Years
Advanced metrics
Modified Duration
2.79 Yrs
Macaulay Duration
2.86 Yrs
Issue Size
₹286 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.79 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-19
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade 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
2024-12-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Kerala Infrastructure Investment Fund Board, KIIFB-9.4%-28-12-29-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
2026-08-19 101.6050 9.3828 None
2026-07-10 101.3700 9.2000 4
2026-07-02 101.4600 9.1700 2
2026-06-30 101.0000 9.3500 None
2026-06-25 101.0100 9.3500 None
2026-06-24 101.2000 9.2800 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2024-11-30
Rating Actions History 0
Secondary-Market Trades 6 NSE OTC (WAP) 2026-08-19
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 2029 NCD?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD carries a coupon of 9.40%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD matures on 2029-12-28, 3.3 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD is rated AA by ACUITE. As of 2024-11-30.

Is KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD currently offer?

The last recorded trade on 2026-08-19 priced KERALA INFRASTRUCTURE INVEST… 9.40% Dec 2029 NCD at ₹101.61, implying a yield to maturity of 9.38%.

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