IndusInd Bank Limited
Banks
corporate
Banks
corporate
Tenure
5Y 8M
Tenure
5Y 8M
About Issuer
This AA+ rated bond from IndusInd Bank Limited, a corporate, offers a Fixed coupon of 8.11% with maturity on 29 October 2031. Issued through the Private placement as under ISIN INE095A08090, 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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
8.11%
FACE VALUE
₹1,00,00,000
MATURITY DATE
29 Oct 2031
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE095A08090
Credit rating
Rating
AA+
Rating Agency
CRISIL
Date of Rating
25 Jul 2024
Rating
AA+
Rating Agency
CRISIL
Date of Rating
25 Jul 2024
Other details
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