Punjab & Sind Bank - INE608A08033

Banks

corporate

Coupon Rate
9.50%
Maturity Date
26 Oct 2029
ISIN
INE608A08033copy
Face Value
₹10,00,000
About Issue
This AA- rated bond from Punjab & Sind Bank, a corporate, offers a Fixed coupon of 9.5% with maturity on 26 October 2029. Issued through the Private placement as under ISIN INE608A08033, 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
CARE AA- (Positive)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
27 Jun 2019
Remaining Tenure
4Y 4M
Security Name
PUNJAB & SIND BANK SERIES XV 9.50 LOA 26OT29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Positive)
Date of Rating
05 Sep 2024
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