K

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD

AA / Stable Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
8.80%
Market YTM
Coupon Rate
9.30%
Per annum
Maturity Date
21 Jan 2033
6.4 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.80%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+192 bps
vs 6.4Y G-Sec at 6.88%
Below the median spread for similar-tenor peers
Tenure
6.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-12 2026-08-27
Cashflow Timeline
21 Oct 2026
Interest Payment
₹2,325.00 / Bond
21 Jan 2027
Interest Payment
₹2,325.00 / Bond
21 Apr 2027
Interest Payment
₹2,325.00 / Bond
21 Jul 2027
Interest Payment
₹2,325.00 / Bond
21 Oct 2027
Interest Payment
₹2,325.00 / Bond
21 Jan 2028
Interest Payment
₹2,325.00 / Bond
21 Apr 2028
Interest Payment
₹2,325.00 / Bond
21 Jul 2028
Interest Payment
₹2,325.00 / Bond
21 Jan 2033
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 2026-01-21 Matures 2033-01-21
Key Metrics
Coupon Rate
9.30%
YTM (Annual)
8.80%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
6.4 Years
Advanced metrics
Modified Duration
4.76 Yrs
Macaulay Duration
4.87 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.76 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
BSE
Trades (30 Days)
19
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 19 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.70 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
2026-01-21
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Kerala Infrastructure Investment Fund Board issued this rated, ncd (KIIFB-9.30%-21-01-33-PVT) carrying a 9.30% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 103.5900 8.8000 3
2026-08-25 103.5900 8.8000 1
2026-08-24 103.3000 8.8600 7
2026-08-21 102.4900 9.0500 2
2026-08-20 102.2638 9.0903 2
2026-08-19 102.2656 9.1000 3
2026-08-18 102.7100 9.0000 1
2026-08-17 102.7087 9.0000 3
2026-08-14 102.7100 9.0100 2
2026-08-12 102.0500 9.1500 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2026-01-31
Rating Actions History 0
Secondary-Market Trades 10 BSE 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… 9.30% Jan 2033 NCD?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD carries a coupon of 9.30%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD matures on 2033-01-21, 6.4 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD is rated AA by INDIA_RATINGS. As of 2026-01-31.

Is KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD currently offer?

The last recorded trade on 2026-08-27 priced KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2033 NCD at ₹103.59, implying a yield to maturity of 8.80%.

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