BOND DETAILS
Punjab National Bank 8.3% Bond · 31 Dec 9999
INE160A08233UnsecuredReported as listedAnnual coupon rate8.3%On face value · not yield
Maturity date31 Dec 9999
7973.1 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
- 21 Sept 2022
- Security
- Unsecured
- Seniority
- Additional Tier 1
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ON ANNUALLY BASIS ON 21/09/2023,21/09/2024 AND SO ON TILL MATURITY
Redemption terms
Full Redemption
Call provisions
ON THE FIFTH ANNIVERSARY FROM THE DEEMED DATE OF ALLOTMENT OR ANY ANNIVERSARY DATE THEREAFTER, WITH PRIOR RBI APPROVAL, SUBJECT TO TAX CALL / REGULATORY CALL, ON OR AFTER 21.09.2027 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 |
|---|---|---|---|
| ICRA LIMITED | AA+ | 9 Dec 2024 | 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
- INE160A08233
- 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 XVI 8.30 LOA PERPETUAL FVRS1CR
- Bond description
- 8.30% UNSECURED RATED LISTED BASEL III COMPLIANT ADDITIONAL TIER I PERPETUAL NON CONVERTIBLE BOND. LETTER OF ALLOTMENT. SERIES XVI.
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