Union Bank of India - INE112A08044
Banks
corporate
Coupon Rate
8.02%
Maturity Date
14 Nov 2027
ISIN
INE112A08044
Face Value
-
About Issue
This AA+ rated bond from Union Bank of India, a corporate, offers a Fixed coupon of 8.02% with maturity on 14 November 2027. Issued through the Private placement as under ISIN INE112A08044, 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
IND AA+ (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 Nov 2017
Remaining Tenure
2Y 4M
Security Name
Union Bank of India, 8.02% 14nov2027, INR (I)
Risk Assessment
Credit Rating
Rating
IND AA+ (Stable)
Date of Rating
01 Nov 2022
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