Ghaziabad Nagar Nigam 8.1% 2031 Bond

ISININE0GVF24071

GHAZIABAD NAGAR NIGAM STRPP G 8.10 BD 06AP31 FVRS142600

Ghaziabad Nagar Nigam is a public-sector (PSU) issuer in the Multi Utilities sector. This directory lists 5 of its bonds.

Key terms

Issue date
6 Apr 2021
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
STRPP G
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 / StableBrickwork AA / Stable

AAmost 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;BWR 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 8.26% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

20 scheduled payments through 6 Apr 2031; final payment ₹1,48,375 per bond.

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Available on Grip

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This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.