ANDHRA PRADESH CAPITAL REGION DEVELOPMENT AUTHORITY
Andhra Pradesh Capital Region Development Authority (APCRDA), a utilities company, issued bonds with an ISIN of INE01E708032 and a face value of ₹2,00,000 on August 16, 2018, aiming to raise ₹400 crores. This unsecured bond features a coupon rate of 10.32%, with interest paid quarterly. Returns from the investment are taxable. The bond is characterized as a government-guaranteed, redeemable, non-convertible bond, maturing on August 16, 2026. It is issued via private placement, allowing partial redemption by face value, and was listed on the BSE on August 27, 2018. CRISIL Ratings assigned a BB+(CE) rating to this bond.
