K
AA Secured NCD

Kerala Financial Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2030

Current YTM
8.93%
Market YTM
Coupon Rate
8.90%
Per annum
Maturity Date
29 Mar 2030
3.6 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.93%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+251 bps
vs 3.6Y G-Sec at 6.42%
Below the median spread for similar-tenor peers
Tenure
3.6 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
24 Sep 2026
Interest Payment
₹2,225.00 / Bond
24 Dec 2026
Interest Payment
₹2,225.00 / Bond
24 Mar 2027
Interest Payment
₹2,225.00 / Bond
24 Jun 2027
Interest Payment
₹2,225.00 / Bond
24 Sep 2027
Interest Payment
₹2,225.00 / Bond
24 Dec 2027
Interest Payment
₹2,225.00 / Bond
24 Mar 2028
Interest Payment
₹2,225.00 / Bond
24 Jun 2028
Interest Payment
₹2,225.00 / Bond
29 Mar 2030
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 2023-03-24 Matures 2030-03-29
Key Metrics
Coupon Rate
8.90%
YTM (Annual)
8.93%
Credit Rating
AA
(INFOMERICS)
Remaining Tenure
3.6 Years
Advanced metrics
Modified Duration
3.00 Yrs
Macaulay Duration
3.06 Yrs
Issue Size
₹95 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.00 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-19
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.10 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-03-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Kerala Financial Corporation, 8.9% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES I STRPP B DATE OF MATURITY 29/03/2030 is a secured, rated, ncd paying a 8.90% p.a. coupon quarterly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 100.7600 8.9300 1
2026-08-18 100.7600 8.9000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INFOMERICS 2023-02-21
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-19
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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 Financial 8.90% Mar 2030 NCD?

Kerala Financial 8.90% Mar 2030 NCD carries a coupon of 8.90%, paid quarterly, on a face value of ₹100,000.

When does Kerala Financial 8.90% Mar 2030 NCD mature?

Kerala Financial 8.90% Mar 2030 NCD matures on 2030-03-29, 3.6 years from today.

What is Kerala Financial 8.90% Mar 2030 NCD rated?

Kerala Financial 8.90% Mar 2030 NCD is rated AA by INFOMERICS. As of 2023-02-21.

Is Kerala Financial 8.90% Mar 2030 NCD secured?

Kerala Financial 8.90% Mar 2030 NCD is a secured bond.

What yield does Kerala Financial 8.90% Mar 2030 NCD currently offer?

The last recorded trade on 2026-08-19 priced Kerala Financial 8.90% Mar 2030 NCD at ₹100.76, implying a yield to maturity of 8.93%.

More Bonds from This Issuer
K
Kerala Financial 7.70% Sep 2026 NCD
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Coupon
7.70%
Maturity
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Coupon
7.70%
Maturity
14 Sep 2027
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Kerala Financial 7.70% Sep 2028 NCD
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Coupon
7.70%
Maturity
14 Sep 2028
8
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Coupon
8.63%
Maturity
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