K

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 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
9.00%
Market YTM
Coupon Rate
9.67%
Per annum
Maturity Date
08 Aug 2031
4.9 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.00%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+254 bps
vs 4.9Y G-Sec at 6.46%
Below the median spread for similar-tenor peers
Tenure
4.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-27 2026-08-17
Cashflow Timeline
8 Nov 2026
Interest Payment
₹2,417.50 / Bond
8 Feb 2027
Interest Payment
₹2,417.50 / Bond
8 May 2027
Interest Payment
₹2,417.50 / Bond
8 Aug 2027
Interest Payment
₹2,417.50 / Bond
8 Nov 2027
Interest Payment
₹2,417.50 / Bond
8 Feb 2028
Interest Payment
₹2,417.50 / Bond
8 May 2028
Interest Payment
₹2,417.50 / Bond
8 Aug 2028
Interest Payment
₹2,417.50 / Bond
8 Aug 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 2025-08-08 Matures 2031-08-08
Key Metrics
Coupon Rate
9.67%
YTM (Annual)
9.00%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
4.9 Years
Advanced metrics
Modified Duration
3.89 Yrs
Macaulay Duration
3.98 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.89 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-17
BSE
Trades (30 Days)
9
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 9 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.33 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
2025-08-08
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Kerala Infrastructure Investment Fund Board, KIIFB-9.67%-8-8-31-PVT is a rated, ncd paying a 9.67% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 103.5800 9.0000 2
2026-08-13 103.2300 9.1000 1
2026-08-12 104.0000 8.8900 2
2026-08-11 104.0000 8.8900 1
2026-08-07 104.0000 8.8900 1
2026-08-05 104.0000 8.8900 1
2026-08-03 104.0000 8.8900 5
2026-07-31 103.9900 8.9000 1
2026-07-29 104.0000 8.8900 1
2026-07-27 102.8700 9.2100 7
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2025-06-23
Rating Actions History 0
Secondary-Market Trades 10 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… 9.67% Aug 2031 NCD?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD carries a coupon of 9.67%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD matures on 2031-08-08, 4.9 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD is rated AA by INDIA_RATINGS. As of 2025-06-23.

Is KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD currently offer?

The last recorded trade on 2026-08-17 priced KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2031 NCD at ₹103.58, implying a yield to maturity of 9.00%.

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