BOND DETAILS
The South Indian Bank Limited 9.5% Bond · 28 May 2028
INE683A08036UnsecuredReported as listedAnnual coupon rate9.5%On face value · not yield
Maturity date28 May 2028
1.7 years left
Face value per bond₹1,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Half-yearly
- Interest type
- Fixed Interest
- Face value
- ₹1,00,000
- Allotment date
- 28 Nov 2017
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Actual/actual
- Reported tax category
- Taxable
Interest & repayment
Interest payments
SEMI ANNUAL ON 25 MAY AND 28 NOV EVERY YEAR
Redemption terms
N.A.
Call provisions
THE CALL OPTION SHALL BE EXCERCISED ONLY AFTER A MINIMUM PERIOD OF 5 YEARS FROM DATE OF ALLOTMENT i.e 28/11/17 SUBJECT TO PRIOR APPROVAL OF RBI
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 | A+ | 9 Dec 2019 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- The South Indian Bank Limited
- ISIN
- INE683A08036
- Debenture trustee
- IDBI Trusteeship Services Limited
- Registrar
- Link Intime India Private Limited,Mumbai
- BSE · reported status
- Listed
- Security name
- THE SOUTH INDIAN BANK LIMITED 9.5 BD 28MY28 FVRS1LAC LOAUPTO14FB18
- Bond description
- 9.50% UNSECURED LISTED REDEEMABLE NON CONVERTIBLE BASEL III COMPLIANT TIER 2 BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 28/05/2028
CONTINUE YOUR RESEARCH