BOND DETAILS
Punjab National Bank 7.89% Bond · 1 Dec 2037
INE160A08241UnsecuredReported as listedAnnual coupon rate7.89%On face value · not yield
Maturity date1 Dec 2037
11.2 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
- 1 Dec 2022
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ANNUALLY ON 01/12/2023, 01/12/2024 TILL MATURITY
Redemption terms
Full Redemption
Call provisions
ON OR AFTER 01.12.2032 ON ANY COUPON PAYMENT DATE THEREAFTER
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 | 1 Dec 2022 | 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
- INE160A08241
- 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 XXV 7.89 LOA 01DC37 FVRS1CR
- Bond description
- 7.89% UNSECURED RATED LISTED REDEEMABLE NON COVERTABLE BASEL III COMPLIANT TIER II BONDS WHICH WILL QUALIFY AS TIER II CAPITAL BOND. LETTER OF ALLOTMENT SERIES XXV DATE OF MATURITY 01/12/2037
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