BOND DETAILS
Indian Bank 6.18% Bond · 13 Jan 2031
INE562A08081UnsecuredReported as listedAnnual coupon rate6.18%On face value · not yield
Maturity date13 Jan 2031
4.3 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Annual
- Interest type
- Fixed Interest
- Face value
- ₹10,00,000
- Allotment date
- 13 Jan 2021
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ANNUALLY AS PER THE DATES ARE 13/01/2022,13/01/2023 TO TILL MATURITY.
Redemption terms
Full Redemption
Call provisions
THE ISSUER WITH PROR APPROVAL OF RBI MAY AT ITS SOLE DISCRETION HAVING NOTIFIED THE TRUSTEE NOT LESS THAN 21 CALENDER DAYS PRIOR TO THE DATE OF EXERICSE OF SUCH ISSUER, FOR MORE INFORMATION PLEASE CONTACT ISSUER.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| CARE RATINGS LIMITED | AAA | 13 Jan 2021 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Indian Bank
- ISIN
- INE562A08081
- Debenture trustee
- Axis Trustee Services Limited
- Registrar
- Cameo Corporate Services Ltd
- NSE · reported status
- Listed
- BSE · reported status
- To be listed
- Security name
- INDIAN BANK SR V 6.18 BD 13JN31 FVRS10LAC LOA UPTO 12JN21
- Bond description
- 6.18% UNSECURED LISTED SUBORDINATED FULLY PAID UP NON CONVERTIBLE BASELL III COMPLAINT ADDITIONAL TIER 2 BONDS IN THE NATURE OF DEBENTURES. SERIES V.LETTER OF ALLOTMENT.DATE OF MATURITY 13/01/2031.
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