The South Indian Bank Limited - INE683A08036

Banks

corporate

Coupon Rate
9.50%
Maturity Date
28 May 2028
ISIN
INE683A08036copy
Face Value
₹1,00,000
About Issuer
This A+ rated bond from from The South Indian Bank Limited, a corporate, offers a Fixed coupon of 9.5% with maturity on 28 May 2028. Issued through the Private placement as under ISIN INE683A08036, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Key Attributes
Rating
CARE A+ (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
28 Nov 2017
Remaining Tenure
2Y 9M
Security Name
THE SOUTH INDIAN BANK LIMITED 9.5 BD 28MY28 FVRS1LAC LOAUPTO14FB18
Risk Assessment
Credit Rating
Rating
CARE A+ (Stable)
Date of Rating
25 Sep 2024
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