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Surat Municipal Corporation 8% 2029 Bond

ISININE05NX24023

SURAT MUNICIPAL CORPORATION STRPP A 8 BD 13OT29 FVRS500

Surat Municipal Corporation is a public-sector (PSU) issuer in the Multi Utilities sector. This directory lists 2 of its bonds.

Key terms

Issue date
13 Oct 2025
Interest basis
Simple
Instrument
Debentures
Mode of issue
Public Issue
Series
A
Sector
Multi Utilities
Issuer type
PSU

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings AA+ / StableCRISIL AA+ / Stable

AA+most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AA+/Stable;CRISIL AA+/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 8.15% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

8 scheduled payments through 13 Oct 2029; final payment ₹520 per bond.

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