DCB Bank Limited

Banks

corporate

Tenure
21M
About Issuer
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.
Summary
Interest
Interest
Half Yearly
Principal
Principal
At maturity
COUPON RATE
9.85%
FACE VALUE
₹1,00,000
MATURITY DATE
12 Jan 2028
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE503A08044
Credit rating
Rating
AA-
Rating Agency
CRISIL
Date of Rating
23 Dec 2022
Other details
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