Bandhan Bank Limited - INE580B07455
Banks
corporate
Coupon Rate
9.50%
Maturity Date
30 Oct 2028
ISIN
INE580B07455
Face Value
₹5,00,000
About Issue
This AA rated bond from Bandhan Bank Limited, a corporate, offers a Fixed coupon of 9.5% with maturity on 30 October 2028. Issued through the Private placement as under ISIN INE580B07455, 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
[ICRA]AA (Negative)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
30 Oct 2018
Remaining Tenure
3Y 4M
Security Name
BANDHAN BANK LIMITED SR- F016 9.50 NCD 30OT28 FVRS5LAC LOAUPTO23NV
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Negative)
Date of Rating
19 Oct 2023
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