BOND DETAILS
Punjab National Bank 7.1% Bond · 18 Nov 2031
INE160A08191UnsecuredReported as listedAnnual coupon rate7.1%On face value · not yield
Maturity date18 Nov 2031
5.2 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
- 18 Nov 2021
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ON ANNUALLY BASIS ON 18/11/2022,18/11/2023 AND SO ON TILL MATURITY
Redemption terms
Full Redemption
Call provisions
ON OR AFTER THE 5TH ANNIVERSARY FROM DEEM DATE OF ALLOTMENT OR ANU COUPON PAYMENT DATE THERAFTER WITH PRIOR APPROVAL OF RBI, SUBJECT TO TAX CALL/ REGULATORY CALL. 28/10/2026 OR 28 OCTOBER THERAFTER
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| INDIA RATING AND RESEARCH PVT. LTD | AAA | 16 Nov 2021 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Punjab National Bank
- ISIN
- INE160A08191
- Debenture trustee
- IDBI Trusteeship Services Limited
- Registrar
- Alankit Assignments Limited
- NSE · reported status
- To be listed
- BSE · reported status
- Listed
- Security name
- PUNJAB NATIONAL BANK SR XXIV 7.10 LOA 18NV31 FVRS1CR
- Bond description
- 7.10% UNSECURED SUBORDINATED NON CONVERTIBLE BASEL III TIER II COMPLIANT FULLY PAID UP BOND INSTRUMENTS IN THE NATURE OF DEBENTURES. SERIES XXIV. LETTER OF ALLOTMENT.DATE OF MATURITY 18/11/2031
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