Union Bank of India
Banks
corporate
Banks
corporate
Tenure
3Y 8M
Tenure
3Y 8M
About Issuer
This AA+ rated bond from Union Bank of India, a corporate, offers a Fixed coupon of 8.93% with maturity on 08 November 2029. Issued through the Private placement as under ISIN INE112A08051, 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
8.93%
FACE VALUE
₹10,00,000
MATURITY DATE
08 Nov 2029
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE112A08051
Credit rating
Rating
IND AA+
Rating Agency
India Ratings and Research
Date of Rating
01 Nov 2022
Rating
IND AA+
Rating Agency
India Ratings and Research
Date of Rating
01 Nov 2022
Other details
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