BOND DETAILS
Punjab National Bank 7.1% Bond · 9 Nov 2035
INE160A08175UnsecuredReported as listedAnnual coupon rate7.1%On face value · not yield
Maturity date9 Nov 2035
9.1 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
- 11 Nov 2020
- Security
- Unsecured
- Seniority
- Subordinate Tier 2-Upper
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ANNUALLY AS PER THE DATES ARE 11/11/2021,11/11/2022 TO TILL MATURITY.
Redemption terms
Full Redemption
Call provisions
ON OR AFTER TENTH ANNIVERSARY FROM THE DEEMED DATE OF ALLOTMENT , THE ISSUER MAY AT ITS SOLE DISCRETION HAVING NOTIFIED THE TRUSTEES NOT LESS THAN 21 CALENDER DAYS PRIOR TO THE DATE , 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 |
|---|---|---|---|
| CRISIL RATINGS LIMITED | AAA | 3 Nov 2020 | 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
- INE160A08175
- Debenture trustee
- SBICAP Trustee Company Limited
- Registrar
- Alankit Assignments Limited
- NSE · reported status
- To be listed
- BSE · reported status
- Listed
- Security name
- PUNJAB NATIONAL BANK SR XXIII 7.10 LOA 09NV35 FVRS10LAC
- Bond description
- 7.10% UNSECURED RATED LISTED SUBORDINATED NON-CONVERTIBLE TAXABLE REDEEMABLE BASEL III COMPLIANT TIER II BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT. SERIES XXIII. DATE OF MATURITY 09/11/2035
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