DCB Bank Limited - INE503A08044
Banks
corporate
Coupon Rate
9.85%
Maturity Date
12 Jan 2028
ISIN
INE503A08044
Face Value
₹1,00,000
About Issue
This AA- rated bond from DCB Bank Limited, a corporate, offers a Fixed coupon of 9.85% with maturity on 12 January 2028. Issued through the Private placement as under ISIN INE503A08044, 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
CRISIL AA- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
12 Jan 2018
Remaining Tenure
2Y 6M
Security Name
DCB Bank, 9.85% 12jan2028, INR
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
23 Dec 2022
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