KERALA INFRASTRUCTURE INVESTMENT FUND BOARD | INE658F08243 | Coupon 9.49% | State Govt Guaranteed Bond

: 8.90%
: 99M
: AA
: Unsecured

INE658F08243 is Out of Stock

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Reasons to invest

Corporate Guarantee: Irrevocable guarantee provided by the Government of Kerala (GoKL)
Strong Debt Service Coverage: Debt Service Coverage Ratio (DSRA) covering two quarters of debt and a solid corpus ensure reliable liquidity and timely repayments.
Secured Debt Repayment Framework: Daily escrow of Motor vehicle tax and petroleum cess collections, prioritised for debt servicing, supported by strong liquidity of ~INR 9,372 Cr, ensuring timely payments.

Corporate Guarantee: Irrevocable guarantee provided by the Government of Kerala (GoKL)
Strong Debt Service Coverage: Debt Service Coverage Ratio (DSRA) covering two quarters of debt and a solid corpus ensure reliable liquidity and timely repayments.
Secured Debt Repayment Framework: Daily escrow of Motor vehicle tax and petroleum cess collections, prioritised for debt servicing, supported by strong liquidity of ~INR 9,372 Cr, ensuring timely payments.