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Tata Steel Limited 9.8359% 2034 Bond

ISININE081A08223

TATA STEEL LIMITED 9.8359 NCD 01MR34 FVRS10LAC

Tata Steel Limited is a corporate (non-PSU) issuer in the Iron & Steel sector. This directory lists 7 of its bonds.

Key terms

Issue date
1 Mar 2019
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement
Series
N.A.
Sector
Iron & Steel
Issuer type
Corporate

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

What the rating means

India Ratings AAA / StableCARE 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 AAA/Stable;CARE 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 9.82% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

15 scheduled payments through 1 Mar 2034; final payment ₹10,98,359 per bond.

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