Security Name: 8.95% Food Corporation Of India 01 Mar 2029
ISIN: INE861G08043
Taxable
Tax Category
01 Mar, 2029
Maturity Date
(3 Yr 3 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
01 Mar, 2019
Allotment Date
NA
Put Date
01 Mar, 2027
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
8.95%
Coupon
Fixed Interest
Coupon Basis
8.4734%
Current Yield
14 Feb, 2027
Record Date
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
Risk gauge from Low to High Safety. Needle points near High Safety. Credit rating is AAA (CE) Stable (CARE).
| Rating agency | Rating | Needle position |
|---|---|---|
| CARE | AAA (CE) Stable | near High Safety |
| CRISIL | AAA (CE) Stable | near High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
LIQUIDITY INDICATOR #
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Transaction Count
as on --
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Volume Traded
as on -- (in Lakhs)
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Transaction Count
(since 3 months)
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Volume Traded
(since 3 months) (in Lakhs)
# Data points from
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# Last Updated: --
ISSUER
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
Jul 11, 2024 | Food Corporation Of India
Jul 10, 2024 | Food Corporation Of India
Jan 12, 2025 | Food Corporation Of India
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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.
Principal Amount
Accrued Interest from
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE861G08043 |
|---|
| 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 |
|---|
| 8.95% Food Corporation Of India 01 Mar 2029 |
| Credit Rating |
|---|
| AAA (CE) Stable by CARE AAA (CE) Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 8.950000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 01/03/2029 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 26,2026 |
| Principal Amount |
|---|
| ₹10,56,247 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹1 |
| Total Amount Payable |
|---|
| ₹10,56,248 |
| Price |
|---|
| ₹105.6247 |
| 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.
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