Question 1

What is the current yield on INDIAFIRST LIFE INSURANCE COMPANY LIMITED (INE381Y08037)?

Accepted Answer

The latest traded yield (LTY) on INDIAFIRST LIFE INSURANCE COMPANY LIMITED (INE381Y08037) is 8.60%. Over the past week it has averaged 8.60%. The four-week average is 8.60%. The most recent recorded trade was on 02 Nov 2026.

Question 2

What is the coupon rate of INDIAFIRST LIFE INSURANCE COMPANY LIMITED NCD INE381Y08037?

Accepted Answer

This NCD carries a coupon of 9.03% on a face value of ₹1,00,000, paid once a year (-).

Question 3

When does INDIAFIRST LIFE INSURANCE COMPANY LIMITED (INE381Y08037) mature?

Accepted Answer

INDIAFIRST LIFE INSURANCE COMPANY LIMITED (INE381Y08037) is scheduled to redeem on 22 Sep 2036, which is 9 years 10 months away. It also carries a put/call option: Put:  Call: 22 September 2031 onwards;01 September 2031 onwards;21 days;Call option can be executed by the Company subject to IRDAI approval if required.

Question 4

What is the credit rating of INDIAFIRST LIFE INSURANCE COMPANY LIMITED (INE381Y08037)?

Accepted Answer

This bond is rated AA by CARE RATINGS LIMITED, a high-safety investment grade, implying very low expected default risk.

Question 5

What is the face value and latest traded price of INE381Y08037?

Accepted Answer

Each unit has a face value of ₹1,00,000, and the latest traded price is ₹101.59. The total issue size is ₹200 Cr.

Question 6

How is interest on this NCD taxed in India?

Accepted Answer

Interest received on a listed NCD is added to your income and taxed at your slab rate. Gains from selling a listed NCD on the exchange before maturity are taxed as capital gains — short-term at your slab rate if held 12 months or less, and at 12.5% without indexation if held longer. Read the full tax guide

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