BOND DETAILS

Bank Of Maharashtra 8.7% Bond · 6 Mar 2030

INE457A08050UnsecuredReported as listed
Annual coupon rate8.7%On face value · not yield
Maturity date6 Mar 2030
3.5 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
AA+ICRA LIMITED · 25 Jul 2024

Bond terms

Coupon frequency
Annual
Interest type
Fixed Interest
Face value
₹10,00,000
Allotment date
6 Mar 2020
Security
Unsecured
Seniority
Subordinate Tier 2
Day-count convention
Not available
Reported tax category
Taxable

Interest & repayment

Interest payments

PAYABLE ANNUALLY STARTING FROM 06/03/2021,06/03/2022 AND SO ON TILL MATURITY.

Redemption terms

N.A

Call provisions

AFTER FIVE YEAR FROM THE DEEMED DATE OF ALLOTMENT AND EVERY YEAR THEREAFTER.

Put provisions

Put terms are not available. Check whether you can request early repayment.

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
ICRA LIMITEDAA+25 Jul 2024Not available

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer
Bank Of Maharashtra
ISIN
INE457A08050
Debenture trustee
Axis Trustee Services Limited
Registrar
Not available
NSE · reported status
Listed
BSE · reported status
Listed
Security name
BANK OF MAHARASHTRA SR I 8.70 LOA 06MR30 FVRS10LAC
Bond description
8.70% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE FULLY PAID UP TAXABLE REDEEMABLE BASEL TIER II BONDS IN THE NATURE OF DEBENTURE.SERIES I. LETTER OF ALLOTMENT. DATE OF MATURITY – 06/03/2030