BOND DETAILS

Indian Bank 8.15% Bond · 25 Jan 2027

INE428A08051UnsecuredReported as listed
Annual coupon rate8.15%On face value · not yield
Maturity date25 Jan 2027
4 months left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
WITHDRAWNINDIA RATING AND RESEARCH PVT. LTD · 4 Sept 2019

Bond terms

Coupon frequency
Annual
Interest type
Fixed Interest
Face value
₹10,00,000
Allotment date
25 Jan 2017
Security
Unsecured
Seniority
Subordinate Tier 2
Day-count convention
Actual/actual
Reported tax category
Taxable

Interest & repayment

Interest payments

ANNUAL ON 25 JAN EVERY YEAR TILL MATURITY

Redemption terms

N.A.

Call provisions

Call terms are not available. Check whether the issuer can repay the bond early.

Put provisions

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

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
INDIA RATING AND RESEARCH PVT. LTDWITHDRAWN4 Sept 2019Not available

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

Issuer & listing details

Issuer
Indian Bank
ISIN
INE428A08051
Debenture trustee
Axis Trustee Services Limited
Registrar
Maheshwari Datamatics Private Limited
NSE · reported status
Listed
BSE · reported status
Listed
Security name
INDIAN BANK SR-III 8.15 BD 25JN27 FVRS10LAC LOAUPTO15JU17
Bond description
8.15% UNSECURED REDEEMABLE NON CONVERTIBLE BASEL III COMPLIANT TIER 2 BONDS IN THE NATURE OF DEBENTURES. SERIES III. LETTER OF ALLOTMENT. DATE OF MATURITY 25/01/2027