Punjab National Bank
Banks
corporate
Banks
corporate
Tenure
5Y 8M
Tenure
5Y 8M
About Issuer
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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
7.10%
FACE VALUE
₹1,00,00,000
MATURITY DATE
18 Nov 2031
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE160A08191
Credit rating
Rating
AAA
Rating Agency
CRISIL
Date of Rating
13 Dec 2023
Rating
AAA
Rating Agency
CRISIL
Date of Rating
13 Dec 2023
Other details
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