Gujarat State Investments Limited 9.03% 2028 Bond

ISININE08EQ08031

GUJARAT STATE INVESTMENTS LIMITED SR-3 9.03 LOA 22MR28 FVRS10LAC

Gujarat State Investments Limited is a public-sector (PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 1 of its bond.

Key terms

Issue date
28 May 2019
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement
Series
SERIES 3
Sector
Non-Banking Financial Company (NBFC)
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 BB / Stable (Issuer Not Cooperating)Acuité AA / Stable

BBmost 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 AA-/Stable;BWR BB/Stable (ISSUER NOT COOPERATING*);ACUITE 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 9.22% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

18 scheduled payments through 22 Mar 2028; final payment ₹10,45,150 per bond.

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