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Indian Renewable Energy Development Agency Limited 7.43% 2036 Bond

ISININE202E07203

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR-3A 7.43 LOA 21JN36 FVRS1000

Indian Renewable Energy Development Agency Limited is a public-sector (PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 45 of its bonds.

Key terms

Issue date
21 Jan 2016
Interest basis
Simple
Instrument
Bonds
Mode of issue
Public Issue
Series
SERIES 3A
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

ICRA AAA / StableBrickwork AAA / StableIndia Ratings 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.

As disclosed (kept visible, not part of the canonical grade): CARE 0

Disclosed rating string: ICRA AAA/Stable;CARE 0;BWR AAA/Stable;IND 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 7.42% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

20 scheduled payments through 21 Jan 2036; final payment ₹1,074 per bond.

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