7.64% Food Corporation of India 2029

About Issuer

The Food Corporation of India was setup under the Food Corporation's Act 1964 , in order to fulfill following objectives of the Food Policy of Effective price support operations for safeguarding the interests of the farmers,Distribution of foodgrains throughout the country for public distribution system, Maintaining satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security.
Overview

ISIN

INE861G08050

Minimum Investment

1000000

Coupon

7.64%

YTM

7.52%

Payment Term

ANNUALLY

Face Value

1000000

Taxable

YES

Perpetual

NO

Maturity Date

12/12/29

Remaining Period

Issue Date

12/12/19

Interest Payment Date

14 Dec

Credit Rating

Debit Quality

Security

This bond is UNSECURED

Indicative Cashflow
Cash Flow

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