Security Name: 8.95% Kerala Infrastructure Investment Fund Board 21 Dec 2029
ISIN: INE658F08110
Taxable
Tax Category
21 Dec, 2029
Maturity Date
(4 Yr 3 Mo 10 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
22 Dec, 2023
Allotment Date
NA
Put Date
22 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
8.95%
Coupon
Fixed Interest
Coupon Basis
9.0825%
Current Yield
07 Dec, 2025
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
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Kerala Infrastructure Investment Fund Board
Kerala Infrastructure Investment Fund Board (KIIFB) was established as the principal funding arm of Government of Kerala on 11.11.1999 by the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000). KIIFB aims to channelize funds for critical and large public infrastructure projects in Kerala. So far, KIIFB has approved funding for projects worth INR 60, 102 Crores, covering all vital sectors like Healthcare, Education, Transportation, Water supply and Power supply.
The ratio in FY25 is 29.59x and it was 23.74x in FY24, indicating increase in the debt level due to increase in the borrowings of the issuer in FY25.
Debt/EBITDA
The ratio in FY25 is 0.40x and it was 0.47x, indicating decrease in the debt servicing ability of the issuer due to increase in the incurred losses in FY25.
Interest coverage ratio
Recent News
KIIFB allotted Rs 204 crore
Mar 27, 2024 | Kerala Infrastructure Investment Fund Board
KIIFB Approves Rs.860 Bn for Development Projects in Kerala
Aug 22, 2024 | Kerala Infrastructure Investment Fund Board
Work Near Home centres at Kottarakkara and Perinthalmanna, KIIFB interest-free loan for 80% project cost
Sep 16, 2024 | Kerala Infrastructure Investment Fund Board
Related Videos
Types of Bonds
Dive deep into this comprehensive guide on Types of Bonds
Seniority Ranking
Demystifying the hierarchy that determines who gets paid first in the event of a default
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 INE658F08110 |
|---|
| 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% Kerala Infrastructure Investment Fund Board 21 Dec 2029 |
| Credit Rating |
|---|
| AA (CE) / Stable by ACUITE AA (CE) / Stable by IND |
| Coupon Frequency |
|---|
| Quarterly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.950000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 21/12/2029 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Sep 11,2025 |
| Principal Amount |
|---|
| ₹98,540.8 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹98,540.8 |
| Price |
|---|
| ₹98.5408 |
| 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
10.75% Share India Securities Limited 10 Jun 2027
10 Jun, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE932X07015
ISIN
Quarterly
IP Frequency
10.87%
Yield
₹100.4788
Price
9.49% Kerala Infrastructure Investment Fund Board 25 Mar 2029
25 Mar, 2029
Maturity Date
₹1,00,000
Minimum Qty
INE658F08367
ISIN
Quarterly
IP Frequency
9.65%
Yield
₹100.4472
Price
9.49% Kerala Infrastructure Investment Fund Board 25 Mar 2032
25 Mar, 2032
Maturity Date
₹1,00,000
Minimum Qty
INE658F08391
ISIN
Quarterly
IP Frequency
9.72%
Yield
₹100.466
Price
9.49% Kerala Infrastructure Investment Fund Board 25 Mar 2033
25 Mar, 2033
Maturity Date
₹1,00,000
Minimum Qty
INE658F08425
ISIN
Quarterly
IP Frequency
9.74%
Yield
₹100.4169
Price
9.49% Kerala Infrastructure Investment Fund Board 25 Mar 2034
25 Mar, 2034
Maturity Date
₹1,00,000
Minimum Qty
INE658F08409
