IDBI Bank Limited - INE008A08Q98
Banks
corporate
Coupon Rate
11.25%
Maturity Date
14 Mar 2029
ISIN
INE008A08Q98
Face Value
₹10,00,000
About Issue
This A+ rated bond from from IDBI Bank Limited, a corporate, offers a Fixed coupon of 11.25% with maturity on 14 March 2029. Issued through the Private placement as under ISIN INE008A08Q98, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Key Attributes
Rating
CRISIL A+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
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
14 Mar 2009
Remaining Tenure
3Y 8M
Security Name
IDBI BANK LIMITED 11.25 BD 14MR29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL A+ (Stable)
Date of Rating
17 Dec 2019
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