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AA
NCD

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

ISIN: INE658F08524

9.30%Coupon rate
Payouts : Quarterly
Maturity Date : 21 Jan 2031
9.30%
Coupon rate
N/A
Min Investment
Quarterly
Payout
₹ 1,00,000
Face Value
9.30%
Coupon
21 Jan 2031
Maturity Date

About The Issuer

The Kerala Infrastructure Investment Fund Board (KIIFB) is a statutory body established by the Government of Kerala under the Kerala Infrastructure Investment Fund Act, 1999. Its primary objective is to mobilize funds for critical infrastructure projects across the state, encompassing sectors such as transport, water supply, energy, and social infrastructure. KIIFB acts as the nodal agency for scrutinizing, approving, and funding major infrastructure projects, including public-private partnerships. As of March 2021, KIIFB had approved 903 projects totaling ₹63,259.32 crore, covering vital sectors like education, healthcare, power, transport, water resources, industry, information technology, and sports.

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