K

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD

AA / Stable Unsecured NCD

Kerala Infrastructure Investment Fund Board

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
9.05%
Market YTM
Coupon Rate
9.30%
Per annum
Maturity Date
21 Jan 2031
4.4 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.05%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+231 bps
vs 4.4Y G-Sec at 6.74%
Below the median spread for similar-tenor peers
Tenure
4.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-03 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 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 2026-01-21 Matures 2031-01-21
Key Metrics
Coupon Rate
9.30%
YTM (Annual)
9.05%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.55 Yrs
Macaulay Duration
3.63 Yrs
Issue Size
₹214 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.55 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
BSE
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 0.70 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

Issued by Kerala Infrastructure Investment Fund Board, KIIFB-9.30%-21-01-31-PVT is a rated, ncd paying a 9.30% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 101.7900 9.0500 1
2026-08-20 101.7000 9.0800 1
2026-08-18 103.4000 8.5600 1
2026-08-17 103.4000 8.5600 1
2026-08-14 101.0645 9.2500 None
2026-08-12 102.3300 8.8900 3
2026-08-11 101.6900 9.0900 3
2026-08-10 102.5000 8.8400 2
2026-08-06 101.1762 9.2500 None
2026-08-03 101.0177 9.3070 None
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

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… 9.30% Jan 2031 NCD?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD carries a coupon of 9.30%, paid quarterly, on a face value of ₹100,000.

When does KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD mature?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD matures on 2031-01-21, 4.4 years from today.

What is KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD rated?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD is rated AA by INDIA_RATINGS. As of 2026-01-31.

Is KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD secured?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD trade?

KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD is listed on BSE.

What yield does KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD currently offer?

The last recorded trade on 2026-08-27 priced KERALA INFRASTRUCTURE INVEST… 9.30% Jan 2031 NCD at ₹101.79, implying a yield to maturity of 9.05%.

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