Punjab & Sind Bank - INE608A08041

Banks

corporate

Coupon Rate
8.67%
Maturity Date
03 Dec 2029
ISIN
INE608A08041copy
Face Value
₹10,00,000
About Issue
This AA- rated bond from Punjab & Sind Bank, a corporate, offers a Fixed coupon of 8.67% with maturity on 03 December 2029. Issued through the Private placement as under ISIN INE608A08041, 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
04 Nov 2019
Remaining Tenure
4Y 5M
Security Name
PUNJAB & SIND BANK SERIES XVI 8.67 LOA 03DC29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Positive)
Date of Rating
05 Sep 2024
Could not find what you were looking for?
Loading featured bonds...
app-store