NLC India Limited 6.85% 2032 Bond

ISININE589A08043

NLC INDIA LIMITED SR II TR 1 6.85 BD 13AP32 FVRS10LAC

NLC India Limited is a corporate (non-PSU) issuer in the Utilities sector. This directory lists 3 of its bonds.

Key terms

Issue date
20 Dec 2021
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement (EBP)
Series
SERIES II TRANCHE 1
Sector
Utilities
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 / StableBrickwork BB+ / Stable (Issuer Not Cooperating)CRISIL AAA / Stable

BB+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.

BB and below are non-investment-grade ('high yield'). A BB rating signals moderate risk of default: the issuer's capacity to repay is uncertain and depends on a favourable environment. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AAA/Stable;BWR BB+/Stable (ISSUER NOT COOPERATING*);CRISIL AAA/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 6.84% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

11 scheduled payments through 13 Apr 2032; final payment ₹10,68,500 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.