K

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 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
9.53%
Market YTM
Coupon Rate
9.67%
Per annum
Maturity Date
08 Aug 2034
7.9 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.53%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+298 bps
vs 7.9Y G-Sec at 6.55%
Top 21% of similar-tenor peers by spread
Tenure
7.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-30 2026-08-27
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 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 2025-08-08 Matures 2034-08-08
Key Metrics
Coupon Rate
9.67%
YTM (Annual)
9.53%
Credit Rating
AA
(ACUITE)
Remaining Tenure
7.9 Years
Advanced metrics
Modified Duration
5.48 Yrs
Macaulay Duration
5.61 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.48 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
11
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 11 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%-8-8-34-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
2026-08-27 100.0790 9.5313 None
2026-08-25 106.3100 8.8000 1
2026-08-21 106.5900 8.7500 1
2026-08-19 106.3700 8.7900 1
2026-08-17 103.9900 9.2400 3
2026-08-12 100.0601 9.6235 8
2026-08-11 106.6100 8.7500 1
2026-08-07 103.2500 9.3800 1
2026-08-03 104.2500 9.1900 1
2026-07-30 102.4203 9.5556 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2025-06-06
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

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Frequently Asked Questions
What is the coupon rate on KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD carries a coupon of 9.67%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD matures on 2034-08-08, 7.9 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD is rated AA by ACUITE. As of 2025-06-06.

Is KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD currently offer?

The last recorded trade on 2026-08-27 priced KERALA INFRASTRUCTURE INVEST… 9.67% Aug 2034 NCD at ₹100.08, implying a yield to maturity of 9.53%.

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