Royal Sundaram General Insurance Co. Limited 8.05% 2032 Bond

ISININE499S08047

ROYAL SUNDARAM GENERAL INSURANCE CO. LIMITED SR 4 8.05 NCD 15MR32 FVRS10LAC

Royal Sundaram General Insurance Co. Limited is a corporate (non-PSU) issuer in the Finance sector. This directory lists 2 of its bonds.

Key terms

Issue date
15 Mar 2022
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (non-EBP)
Series
SERIES 4
Sector
Finance
Issuer type
Corporate
Issuer nature
NBFC

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

ICRA AA+ / StableCARE AA+ / Stable

AA+most 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.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ICRA AA+/Stable;CARE 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 8.03% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 15 Mar 2032; final payment ₹10,80,500 per bond.

Loading the calculator…

Available on Grip

Want to invest? These bonds are available on Grip

This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.