Bandhan Bank Limited

Banks

corporate

Tenure
2Y 7M
About Issuer
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.
Summary
Interest
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
9.50%
FACE VALUE
₹5,00,000
MATURITY DATE
30 Oct 2028
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE580B07455
Credit rating
Rating
[ICRA]AA
Rating Agency
ICRA
Date of Rating
19 Oct 2023
Other details
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