Dme Development Limited 7.82% 2033 Bond

ISININE0J7Q07215

DME DEVELOPMENT LIMITED SR II 7.82 BD 24FB33 FVRS1LAC

Dme Development Limited is a corporate (non-PSU) issuer in the Civil Construction sector. This directory lists 24 of its bonds.

Key terms

Issue date
24 Feb 2023
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
II
Sector
Civil Construction
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 / StableCARE AAA / StableCRISIL AAA / Stable

AAAmost 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.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AAA/Stable;CARE AAA/Stable;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 7.97% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

20 scheduled payments through 24 Feb 2033; final payment ₹1,03,910 per bond.

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