K

KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD

AA Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2034

Current YTM
9.42%
Market YTM
Coupon Rate
9.49%
Per annum
Maturity Date
25 Mar 2034
7.6 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.42%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+270 bps
vs 7.6Y G-Sec at 6.71%
Above the median spread for similar-tenor peers
Tenure
7.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-11 2026-08-27
Cashflow Timeline
25 Sep 2026
Interest Payment
₹2,372.50 / Bond
25 Dec 2026
Interest Payment
₹2,372.50 / Bond
25 Mar 2027
Interest Payment
₹2,372.50 / Bond
25 Jun 2027
Interest Payment
₹2,372.50 / Bond
25 Sep 2027
Interest Payment
₹2,372.50 / Bond
25 Dec 2027
Interest Payment
₹2,372.50 / Bond
25 Mar 2028
Interest Payment
₹2,372.50 / Bond
25 Jun 2028
Interest Payment
₹2,372.50 / Bond
25 Mar 2034
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 2025-03-25 Matures 2034-03-25
Key Metrics
Coupon Rate
9.49%
YTM (Annual)
9.42%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
7.6 Years
Advanced metrics
Modified Duration
5.28 Yrs
Macaulay Duration
5.40 Yrs
Issue Size
₹71 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.28 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
13
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 13 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.51 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
2025-03-25
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

KIIFB-9.49%-25-03-34-PVT is a rated, redeemable ncd issued by Kerala Infrastructure Investment Fund Board. The bond offers a fixed coupon of 9.49% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 101.9627 9.4172 2
2026-08-25 104.6000 8.9000 1
2026-08-24 104.6100 8.9000 1
2026-08-21 104.6100 8.9000 1
2026-08-20 104.6100 8.9000 1
2026-08-18 104.5800 8.9000 3
2026-08-17 104.6200 8.9000 4
2026-08-14 104.6200 8.9000 2
2026-08-13 104.8600 8.8600 3
2026-08-11 101.4523 9.5324 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ACUITE, INDIA_RATINGS 2025-03-31
Rating Actions History 0
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-27
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% Mar 2034 NCD?

KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD carries a coupon of 9.49%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD matures on 2034-03-25, 7.6 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD is rated AA by INDIA_RATINGS and AA by ACUITE. As of 2025-01-21.

Is KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD currently offer?

The last recorded trade on 2026-08-27 priced KERALA INFRASTRUCTURE INVEST… 9.49% Mar 2034 NCD at ₹101.96, implying a yield to maturity of 9.42%.

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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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