K
AA Secured NCD

Kerala Financial Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2033

Current YTM
8.54%
Market YTM
Coupon Rate
8.89%
Per annum
Maturity Date
13 Mar 2033
6.5 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.54%
Live, last traded 2026-08-10
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+170 bps
vs 6.5Y G-Sec at 6.84%
Below the median spread for similar-tenor peers
Tenure
6.5 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
13 Sep 2026
Interest Payment
₹2,222.50 / Bond
13 Dec 2026
Interest Payment
₹2,222.50 / Bond
13 Mar 2027
Interest Payment
₹2,222.50 / Bond
13 Jun 2027
Interest Payment
₹2,222.50 / Bond
13 Sep 2027
Interest Payment
₹2,222.50 / Bond
13 Dec 2027
Interest Payment
₹2,222.50 / Bond
13 Mar 2028
Interest Payment
₹2,222.50 / Bond
13 Jun 2028
Interest Payment
₹2,222.50 / Bond
13 Mar 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 2024-03-13 Matures 2033-03-13
Key Metrics
Coupon Rate
8.89%
YTM (Annual)
8.54%
Credit Rating
AA
(ACUITE)
Remaining Tenure
6.5 Years
Advanced metrics
Modified Duration
4.85 Yrs
Macaulay Duration
4.95 Yrs
Issue Size
₹61 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.85 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-10
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 1.11 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2024-03-13
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Kerala Financial Corporation issued this secured, rated, ncd (8.89% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES I 2024 STRPP D DATE OF MATURITY 13/03/2033) carrying a 8.89% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-10 102.9100 8.5400 2
2026-08-06 101.2000 8.9100 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2023-08-09
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-10
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 8.89% Mar 2033 NCD?

Kerala Financial 8.89% Mar 2033 NCD carries a coupon of 8.89%, paid quarterly, on a face value of ₹100,000.

When does Kerala Financial 8.89% Mar 2033 NCD mature?

Kerala Financial 8.89% Mar 2033 NCD matures on 2033-03-13, 6.5 years from today.

What is Kerala Financial 8.89% Mar 2033 NCD rated?

Kerala Financial 8.89% Mar 2033 NCD is rated AA by ACUITE. As of 2023-08-09.

Is Kerala Financial 8.89% Mar 2033 NCD secured?

Kerala Financial 8.89% Mar 2033 NCD is a secured bond.

What yield does Kerala Financial 8.89% Mar 2033 NCD currently offer?

The last recorded trade on 2026-08-10 priced Kerala Financial 8.89% Mar 2033 NCD at ₹102.91, implying a yield to maturity of 8.54%.

More Bonds from This Issuer
K
Kerala Financial 7.70% Sep 2026 NCD
AA
Coupon
7.70%
Maturity
14 Sep 2026
K
Kerala Financial 7.70% Sep 2027 NCD
AA
Coupon
7.70%
Maturity
14 Sep 2027
K
Kerala Financial 7.70% Sep 2028 NCD
AA
Coupon
7.70%
Maturity
14 Sep 2028
8
Kerala Financial 8.63% Mar 2029 NCD
AA
Coupon
8.63%
Maturity
30 Mar 2029
Compare (/) Compare Bonds

← Back to screener