BOND DETAILS
Greater Visakhapatnam Municipal Corporation 10% Bond · 21 Dec 2028
INE423G07051SecuredReported as listedAnnual coupon rate10%On face value · not yield
Maturity date21 Dec 2028
2.3 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Half-yearly
- Interest type
- Fixed Interest
- Face value
- ₹10,00,000
- Allotment date
- 21 Dec 2018
- Security
- Secured
- Seniority
- Not available
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
HALF YEARLY ON 21-JUN, 21-DEC EACH YEAR STARTING FROM 21-JUN-19 AND SO ON.
Redemption terms
25% OF FACE VALUE ON 21.12.25, 21.12.26, 21.12.27 AND 21.12.28
Call provisions
Call terms are not available. Check whether the issuer can repay the bond early.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| CARE RATINGS LIMITED | AA | 21 Dec 2018 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Greater Visakhapatnam Municipal Corporation
- ISIN
- INE423G07051
- Debenture trustee
- SBICAP Trustee Company Limited
- Registrar
- KFIN TECHNOLOGIES PRIVATE LIMITED
- NSE · reported status
- To be listed
- BSE · reported status
- Listed
- Security name
- GREATER VISAKHAPATNAM MUNICIPAL CORPORATION SERIES I 10 BD 21DC28 FVRS10LAC
- Bond description
- 10% SECURED LISTED NON-CONVERTIBLE REDEEMABLE BONDS IN THE NATURE OF DEBENTURE. SERIES I. DATE OF MATURITY 21/12/2028
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