Visit Grip Invest

Greater Visakhapatnam Municipal Corporation 10% 2028 Bond

ISININE423G07051

GREATER VISAKHAPATNAM MUNICIPAL CORPORATION SERIES I 10 BD 21DC28 FVRS10LAC

Greater Visakhapatnam Municipal Corporation is a listed issuer in the Others sector. This directory lists 1 of its bond.

Key terms

Issue date
21 Dec 2018
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES I
Sector
Others

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

What the rating means

CARE AA / StableIndia Ratings 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: CARE AA/Stable;IND 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 10.24% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

20 scheduled payments through 21 Dec 2028; final payment ₹10,50,000 per bond.

Loading the calculator…

Available on Grip

Want to invest? These bonds are available on Grip

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.

From the same issuer first (nearest maturity), then bonds with the same canonical grade maturing within two years of this one.

See bonds available on Grip →