Union Bank of India - INE692A08011

Banks

corporate

Coupon Rate
8.00%
Maturity Date
22 Aug 2026
ISIN
INE692A08011copy
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Union Bank of India, a corporate, offers a Fixed coupon of 8% with maturity on 22 August 2026. Issued through the Private placement as under ISIN INE692A08011, 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
BWR 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
22 Aug 2016
Remaining Tenure
13M
Security Name
Union Bank of India, 8% 22aug2026, INR (XIX)
Risk Assessment
Credit Rating
Rating
BWR AA+ (Stable)
Date of Rating
14 Dec 2021
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