Punjab National Bank - INE160A08191

Banks

corporate

Coupon Rate
7.10%
Maturity Date
18 Nov 2031
ISIN
INE160A08191copy
Face Value
₹1,00,00,000
About Issue
This AAA rated bond from Punjab National Bank, a corporate, offers a Fixed coupon of 7.1% with maturity on 18 November 2031. Issued through the Private placement as under ISIN INE160A08191, 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
CRISIL AAA (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
18 Nov 2021
Remaining Tenure
6Y 5M
Security Name
PUNJAB NATIONAL BANK SR XXIV 7.10 LOA 18NV31 FVRS1CR
Risk Assessment
Credit Rating
Rating
CRISIL AAA (Stable)
Date of Rating
13 Dec 2023
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