UCO Bank - INE691A08062

Banks

corporate

Coupon Rate
9.71%
Maturity Date
16 Dec 2029
ISIN
INE691A08062copy
Face Value
₹10,00,000
About Issue
This AA rated bond from UCO Bank, a corporate, offers a Fixed coupon of 9.71% with maturity on 16 December 2029. Issued through the Private placement as under ISIN INE691A08062, 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
ACUITE AA (Stable)
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
16 Dec 2019
Remaining Tenure
4Y 5M
Security Name
UCO BANK SR III 9.71 BD 16DC29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
ACUITE AA (Stable)
Date of Rating
18 Feb 2025
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