Security Name: 7.64% Food Corporation Of India 12 Dec 2029
ISIN:
INE861G08050
Taxable
Tax Category
12 Dec, 2029
Maturity Date
(4 Yr 9 Mo 17 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
12 Dec, 2019
Allotment Date
NA
Put Date
12 Dec, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
7.64%
Coupon
Fixed Interest
Coupon Basis
7.4917%
Current Yield
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Food Corporation Of India
These Bonds are issued under the ‘Special Bonds’ category of Government of India and RBI FCI is a 100% GoI-owned corporation set up by the Central Government under the Food Corporation Act in 1964. It was set up to ensure an effective price support system for farmers, so that they can be paid an MSP for their produce. FCI is also responsible for ensuring adequate food grain availability through the public distribution system (PDS) and maintaining a satisfactory level of operational and buffer stocks of food grains.
The ratio on FY23 is 10.96x and it was also 10.96x in FY22.
Debt/EBITDA
The ratio in FY23 is 1x and it was 0.84x in FY22. This indicates the FCI’s gearing ability to service its debt.
Interest coverage ratio
Recent News
Govt allows FCI to sell wheat from stocks to flour millers, biscuit makers
Jul 11, 2024 | Food Corporation Of India
Centre tweaks FCI funding, helping it to go debt free
Jul 10, 2024 | Food Corporation Of India
India’s rice stocks hit record high, wheat reserves deplete
Jan 12, 2025 | Food Corporation Of India
Related Videos
5 Cs of Credit Analysis
Character, Capacity, Capital, Collateral, and Claims priority: the quintessential factors.
Types of Bonds
Dive deep into this comprehensive guide on Types of Bonds
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE861G08050 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 7.64% Food Corporation Of India 12 Dec 2029 |
| Credit Rating |
|---|
| AAA (CE) Stable by CARE AAA (CE) Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 7.640000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 12/12/2029 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 25,2025 |
| Principal Amount |
|---|
| ₹10,19,790 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹1 |
| Total Amount Payable |
|---|
| ₹10,19,791 |
| Price |
|---|
| ₹101.979 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
similar bonds
8.65% Adani Energy Solutions Limited 13 Nov 2034
13 Nov, 2034
Maturity Date
₹10,00,000
Minimum Qty
INE931S08031
ISIN
Yearly
IP Frequency
8.6219%
Yield
₹100.0781
Price
9.40% Aadhar Housing Finance Limited 05 May 2026
05 May, 2026
Maturity Date
₹10,00,000
Minimum Qty
INE883F07025
ISIN
Yearly
IP Frequency
8.2547%
Yield
₹101.2
Price
8.30% National Highways Authority Of India 25 Jan 2027
25 Jan, 2027
Maturity Date
₹10,00,000
Minimum Qty
INE906B07CB9
ISIN
Yearly
IP Frequency
5.2807%
Yield
₹105.3861
Price
9.85% Nuvama Wealth Finance Limited 09 Aug 2027
09 Aug, 2027
Maturity Date
₹2,00,000
Minimum Qty
INE918K07PJ0
ISIN
Yearly
IP Frequency
9.25%
Yield
₹101.1605
Price
10.65% Sammaan Capital Limited 05 Jun 2027
05 Jun, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE894F08087
ISIN
Yearly
IP Frequency
12.5%
Yield
₹96.3791
Price
