08.95% KERALA INFRASTRUCTURE INVESTMENT FUND BOARD 22-DEC-2032 (SERIES F - GUARANTEED BY THE GOVERNMENT OF KERALA)

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

INE658F08144

I.M

Bond Detail

Bond's Rating

Rating Agency	Rating	Remarks	Rating Rationale

Face Value
1,00,000.00

Coupon Rate
8.95%

Issue Date
22 Dec 2023

Maturity Date
22 Dec 2032

Remainig Period
8 y 2 m 6 d

Tax Free
No

Int. Payment Type
Simple

Int. Frequency
Quarterly

TDS on Interest
Yes

Call Option

Put Option

Govt. Guarantee
Yes

Listing
Yes

Yield to Maturity
9.30%

Mode of Issue
Private

Coupon Type
Fixed Interest

IP Dates
22-Mar

Available Quantity
UP TO 72 LACS

Security
Unsecured

Seniority Repay
N

Registrar Details

Issue Details

Issue Size
0.00 Crores

Business Sector

Ownership
NONPSU

Debenture Trustee

Key Highlights

Credit Ratings

Low SafetyHigh Safety

About Issuer

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Established on November 11, 1999, Kerala Infrastructure Investment Fund Board (KIIFB) serves as the principal funding arm of the Government of Kerala, created under the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000). KIIFB focuses on channeling funds for critical public infrastructure projects across Kerala, having approved funding for projects totaling INR 60,102 crores. These projects span essential sectors such as healthcare, education, transportation, water supply, and power supply.