Indian Bank - INE428A08051
Banks
corporate
Coupon Rate
8.15%
Maturity Date
25 Jan 2027
ISIN
INE428A08051
Face Value
₹10,00,000
About Issuer
This AAA rated bond from Indian Bank, a corporate, offers a Fixed coupon of 8.15% with maturity on 25 January 2027. Issued through the Private placement as under ISIN INE428A08051, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
CARE AAA (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
25 Jan 2017
Remaining Tenure
17M
Security Name
INDIAN BANK SR-III 8.15 BD 25JN27 FVRS10LAC LOAUPTO15JU17
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
14 Feb 2025
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