BOND DETAILS
Union Bank Of India 7.42% Bond · 16 Sept 2030
INE692A08094UnsecuredReported as listedAnnual coupon rate7.42%On face value · not yield
Maturity date16 Sept 2030
4.0 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
- 16 Sept 2020
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Actual/actual
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ANNUALLY AS PER THE DATES ARE 16/09/2021,16/09/2022 TO TILL MATURITY.
Redemption terms
Full Redemption
Call provisions
BANK MAY OR MAY NOT EXERCISE ON THE FIFTH ANNIVERSARY FROM THE DEEMED DATE OF ALLOTMENT OR ON ANY ALLOTMENT ANNIVERSARY DATE THEREAFTER. FROM 16/09/2025 ANNUALLY TO TILL MATURITY.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| ICRA LIMITED | AAA | 14 Nov 2024 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- Union Bank Of India
- ISIN
- INE692A08094
- Debenture trustee
- IDBI Trusteeship Services Limited
- Registrar
- KFIN TECHNOLOGIES PRIVATE LIMITED
- NSE · reported status
- Listed
- BSE · reported status
- To be listed
- Security name
- UNION BANK OF INDIA SR XXV 7.42 BD 16SP30 FVRS10LAC LOAUPTO07MY21
- Bond description
- 7.42% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE REDEEMABLE BASEL III COMPLIANT TIER 2 BONDS IN THE NATURE OF DEBENTURES. SERIES XXV.LETTER OF ALLOTMENT. DATE OF MATURITY 16/09/2030
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