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Kerala Financial 8.89% Mar 2034 NCD (INE818F07286)

Acuité AA · NSDL record, 2023 Secured NCD

Kerala Financial Corporation

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2034

23 more bonds from Kerala Financial Corporation →
Current YTM
8.50%
Market YTM
Coupon Rate
8.89%
Per annum
Maturity Date
13 Mar 2034
7.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
8.50%
Last traded 30 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+113 bps
vs 7.3Y G-Sec at 7.37%
Below the median spread for similar-tenor peers
Tenure
7.3 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
24 Sep 202630 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

13 Dec 2026
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Mar 2027
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Jun 2027
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Sep 2027
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Dec 2027
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Mar 2028
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Jun 2028
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
13 Sep 2028
Interest Payment
₹2,222.50 / Bond
₹2,000.25 net of 10% TDS (est.)
…
+21 more coupons until 13 Dec 2033
₹2,222.50 each / Bond
13 Mar 2034
Final coupon + principal
₹1,02,222.50 / Bond
₹2,222.50 coupon + ₹1,00,000 face value

30 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 13 Mar 2024 Matures 13 Mar 2034

Key Metrics

Coupon Rate
8.89%
YTM (Annual)
8.50%
Credit Rating
AA
Rating on NSDL record (Acuité, 2023)
Not a current agency rating; see below
Remaining Tenure
7.3 Years

AA (Acuité): Rating on NSDL record (Acuité, 2023), dated 9 Aug 2023. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
5.30 Yrs
Macaulay Duration
5.42 Yrs
Issue Size
₹61 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
5.30 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
30 Oct 2026
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 1.31 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
13 Mar 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Kerala Financial 8.89% Mar 2034 NCD is a secured NCD issued by Kerala Financial Corporation. It pays an 8.89% p.a. coupon, quarterly. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Kerala Financial Corporation An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE818F07286: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-30 103.3700 8.5000 1
2026-10-29 100.0000 9.1800 1
2026-09-24 105.6600 8.0700 2

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 Acuité (NSDL record) 2023-08-09
Rating Actions History 0 — —
Secondary-Market Trades 3 BSE 2026-10-30
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹1,03,370.00
YTM8.50%
Trade Date 30 Oct 2026 9d ago
SourceBSE
Accrued interest (est.)₹1,392.12
Dirty price (est.)₹1,04,762.12
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE818F07286
Issue Date
13 Mar 2024
Maturity Date
13 Mar 2034
Listing
—
Payment Frequency
Quarterly
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Kerala Financial 8.89% Mar 2034 NCD?

Kerala Financial 8.89% Mar 2034 NCD carries a coupon of 8.89%, paid quarterly, on a face value of ₹1,00,000.

When does Kerala Financial 8.89% Mar 2034 NCD mature?

Kerala Financial 8.89% Mar 2034 NCD matures on 13 Mar 2034, 7.3 years from today.

What is Kerala Financial 8.89% Mar 2034 NCD rated?

No current rating from an agency or exchange is on file for Kerala Financial 8.89% Mar 2034 NCD. NSDL's debt master records a rating of AA by Acuité, dated 9 Aug 2023, often from the time of issue, so it may be out of date.

Is Kerala Financial 8.89% Mar 2034 NCD secured?

Kerala Financial 8.89% Mar 2034 NCD is a secured bond.

What yield does Kerala Financial 8.89% Mar 2034 NCD currently offer?

The last recorded trade on 30 Oct 2026 priced Kerala Financial 8.89% Mar 2034 NCD at ₹1,03,370.00 per bond, implying a yield to maturity of 8.50%.

More Bonds from This Issuer

K
Kerala Financial 7.70% Sep 2027 NCD
INE818F07112
AA
Coupon
7.70%
Maturity
14 Sep 2027
K
Kerala Financial 7.70% Sep 2028 NCD
INE818F07120
AA
Coupon
7.70%
Maturity
14 Sep 2028
K
Kerala Financial 8.63% Mar 2029 NCD
INE818F07229
AA NSDL record, 2023
Coupon
8.63%
Maturity
30 Mar 2029
K
Kerala Financial 8.90% Mar 2029 NCD
INE818F07153
AA NSDL record, 2023
Coupon
8.90%
Maturity
30 Mar 2029
Compare (/) Compare Bonds

Comparable NCDs maturing near 2034

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.89%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE121A08PZ6Cholamandalam Investment and Finance Company LimitedAA+8.88%2033-06-25
INE121A08PR3Cholamandalam Investment and Finance Company LimitedAA+ NSDL record, 20248.92%2034-12-02
INE658F08136Kerala Infrastructure Investment Fund BoardAA NSDL record, 20238.95%2033-12-22
INE053F09HF7Indian Railway Finance Corporation LimitedAAA8.83%2033-05-14
INE053F09HG5Indian Railway Finance Corporation LimitedAAA8.83%2034-05-14
INE261F08AQ0National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20188.98%2033-10-14

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