K
AA Secured NCD

Kerala Financial Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
8.63%
Per annum
Maturity Date
30 Mar 2029
2.6 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~8.63%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+238 bps
vs 2.6Y G-Sec at 6.25% *
Below the median spread for similar-tenor peers
Tenure
2.6 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
2 Nov 2026
Interest Payment
₹2,157.50 / Bond
2 Feb 2027
Interest Payment
₹2,157.50 / Bond
2 May 2027
Interest Payment
₹2,157.50 / Bond
2 Aug 2027
Interest Payment
₹2,157.50 / Bond
2 Nov 2027
Interest Payment
₹2,157.50 / Bond
2 Feb 2028
Interest Payment
₹2,157.50 / Bond
2 May 2028
Interest Payment
₹2,157.50 / Bond
2 Aug 2028
Interest Payment
₹2,157.50 / Bond
30 Mar 2029
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 2023-05-02 Matures 2029-03-30
Key Metrics
Coupon Rate
8.63%
YTM (Annual)
Credit Rating
AA
(ACUITE)
Remaining Tenure
2.6 Years
Advanced metrics
Modified Duration
2.26 Yrs
Macaulay Duration
2.31 Yrs
Issue Size
₹55 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.26 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.37 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
2023-05-02
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

8.63% SECURED RATED LISTED REDEEMABLE BOND SERIES II 2023 STRPP A DATE OF MATURITY 30/03/2029 is a secured, rated, redeemable ncd issued by Kerala Financial Corporation. The bond offers a fixed coupon of 8.63% p.a. with quarterly interest payments and repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2023-01-06
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 8.63% Mar 2029 NCD?

Kerala Financial 8.63% Mar 2029 NCD carries a coupon of 8.63%, paid quarterly, on a face value of ₹100,000.

When does Kerala Financial 8.63% Mar 2029 NCD mature?

Kerala Financial 8.63% Mar 2029 NCD matures on 2029-03-30, 2.6 years from today.

What is Kerala Financial 8.63% Mar 2029 NCD rated?

Kerala Financial 8.63% Mar 2029 NCD is rated AA by ACUITE. As of 2023-01-06.

Is Kerala Financial 8.63% Mar 2029 NCD secured?

Kerala Financial 8.63% Mar 2029 NCD is a secured bond.

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K
Kerala Financial 7.70% Sep 2026 NCD
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Coupon
7.70%
Maturity
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Kerala Financial 7.70% Sep 2027 NCD
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Maturity
14 Sep 2027
K
Kerala Financial 7.70% Sep 2028 NCD
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Coupon
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Maturity
14 Sep 2028
8
Kerala Financial 8.90% Mar 2029 NCD
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Coupon
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Maturity
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