Your bond, explained.

Kaveri Finance Ltd · public issue · Kaveri Finance Ltd

Illustrative

Bonds · Kaveri Finance Ltd · public issue · Before buying

Offer 20 Oct

Series I

9.81%

9.40% every month · 3 yrs

Series II

9.79%

9.80% once a year · 3 yrs

Series III

10.09%

10.10% once a year · 5 yrs

Series IV

10.10%

10.10% all at maturity · 5 yrs

Kaveri Finance Ltd: 4 series from 9.79% to 10.10% a year effective, rated AA. Open until 3 Nov 2026. Same issuer and credit risk across the series; they differ in how long and how interest is paid.

Myra's most important observations

Prefilled from your documents · edit freely

Yield & price: what the bond really earns

Prefilled from Offer p.3, Series

Bond

Clean price per bond₹1,000.00

Bonds10

Real yield to maturity

9.69%

coupon 9.40% on face ₹1,000.00

Current yield

9.40%

interest ÷ price, a year

You pay

₹10,000

10 × (₹1,000.00 + ₹0.00 accrued)

What comes back, for 10 bonds

Date	What	Amount
27 Nov 2026	Interest	₹78
27 Dec 2026	Interest	₹78
27 Jan 2027	Interest	₹78
27 Feb 2027	Interest	₹78
27 Mar 2027	Interest	₹78
27 Apr 2027	Interest	₹78
27 May 2027	Interest	₹78
27 Jun 2027	Interest	₹78
27 Jul 2027	Interest	₹78
27 Aug 2027	Interest	₹78
27 Sep 2027	Interest	₹78
27 Oct 2027	Interest	₹78
27 Nov 2027	Interest	₹78
27 Dec 2027	Interest	₹78
and 23 more payments
In all		₹12,820

Assumptions & limits. Bought today (16 Oct 2026) at the clean price shown plus accrued interest (face × coupon × days since the last coupon ÷ 365), held to 27 Oct 2029. Equal coupons on dates counted back from maturity; the issuer's exact day count can move a coupon by a few rupees. The yield is an effective yearly rate on the actual dates. A platform's quoted yield can differ if its price already includes accrued interest, settles a day later, or uses the market's half-yearly convention. Before tax; the After tax studio has your slab.