AU Small Finance Bank Limited - INE519Q08194

Microfinance

corporate

Coupon Rate
10.70%
Maturity Date
23 Feb 2029
ISIN
INE519Q08194copy
Face Value
₹1,00,000
About Issue
This A rated bond from AU Small Finance Bank Limited, a corporate, offers a Fixed coupon of 10.7% with maturity on 23 February 2029. Issued through the Private placement as under ISIN INE519Q08194, with a solid investment-grade rating, this bond offers an attractive opportunity for investors willing to accept moderate credit risk in exchange for higher yields. An ideal pick for investors aiming to boost portfolio returns, while staying within the boundaries of credible credit quality in the NBFC space.
Key Attributes
Rating
[ICRA]A
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
23 Aug 2023
Remaining Tenure
3Y 7M
Security Name
AU SMALL FINANCE BANK LIMITED 10.70 BD 23FB29 FVRS1LAC
Risk Assessment
Credit Rating
Rating
[ICRA]A
Date of Rating
07 Nov 2023
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