BOND DETAILS
Punjab National Bank 8.6% Bond · 31 Dec 9999
INE160A08183UnsecuredReported as listedAnnual coupon rate8.6%On face value · not yield
Maturity date31 Dec 9999
7973.1 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
- 22 Jan 2021
- Security
- Unsecured
- Seniority
- Subordinate Tier1
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ANNUALLY ON 24/01/2022,23/01/2023 AND SO ON TILL MATURITY.
Redemption terms
N.A
Call provisions
ON THE FIFTH ANNIVERSARY FROM THE DEEMED DATE OF ALLOTMENT OR ANY ANNIVERSARY DATE THEREAFTER ,WITH PRIOR RBI APROVAL,SUBJECT TO TAX CALL/REGULATORY CALL,CONTACT ISSUER FOR MORE DETAILS.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| CARE Ratings Limited | AA+ | 22 Jan 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
- INE160A08183
- 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 XII 8.60 LOA PERPETUAL FVRS10LAC
- Bond description
- 8.60% UNSECURED SUBORDINATED NON CONVERTIBLE BASEL III COMPLIANT FULLY PAID UP PERPETUAL DEBT INSTRUMENTS IN THE NATURE OF DEBENTURES. SERIES XII. LETTER OF ALLOTMENT.
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