BOND DETAILS
Indian Overseas Bank 9% Bond · 24 Mar 2033
INE565A08050UnsecuredReported as listedAnnual coupon rate9%On face value · not yield
Maturity date24 Mar 2033
6.5 years left
Face value per bond₹1,00,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Annual
- Interest type
- Fixed Interest
- Face value
- ₹1,00,00,000
- Allotment date
- 24 Mar 2023
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Actual/actual
- Reported tax category
- Taxable
Interest & repayment
Interest payments
Once a year
Redemption terms
Full Redemption
Call provisions
The Issuer Call, which is discretionary, may or may not be exercised on the fifth anniversary from the Deemed Date of Allotment, i.e., the fifth Coupon Subject to prior approval of Reserve Bank of India On the fifth anniversary from the Deemed Date of A
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| ICRA LIMITED | AA | 27 Nov 2024 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Indian Overseas Bank
- ISIN
- INE565A08050
- Debenture trustee
- SBICAP Trustee Company Limited
- Registrar
- Cameo Corporate Services Ltd
- NSE · reported status
- To be listed
- BSE · reported status
- Listed
- Security name
- INDIAN OVERSEAS BANK SR V 9 BD 24MR33 FVRS1CR
- Bond description
- 9% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BASEL III TIER II BONDS SERIES V DATE OF MATURITY 24/03/2033
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