IDBI Bank Limited - INE008A08V18

Banks

corporate

Coupon Rate
8.62%
Maturity Date
02 Jan 2026
ISIN
INE008A08V18copy
Face Value
₹10,00,000
About Issuer
This AA- rated bond from IDBI Bank Limited, a corporate, offers a Fixed coupon of 8.62% with maturity on 02 January 2026. Issued through the Private placement as under ISIN INE008A08V18, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
[ICRA]AA- (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
02 Jan 2016
Remaining Tenure
110D
Security Name
IDBI BANK LIMITED SR-II 8.62 BD 02JN26 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA- (Stable)
Date of Rating
11 Aug 2023
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