Union Bank of India - INE692A08094
Banks
corporate
Coupon Rate
7.42%
Maturity Date
16 Sep 2030
ISIN
INE692A08094
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from Union Bank of India, a corporate, offers a Fixed coupon of 7.42% with maturity on 16 September 2030. Issued through the Private placement as under ISIN INE692A08094, 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
CRISIL AA+ (Positive)
Tax Status
Taxable
Mode of Issue
Public
Private
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 Sep 2020
Remaining Tenure
5Y 1M
Security Name
UNION BANK OF INDIA SR XXV 7.42 BD 16SP30 FVRS10LAC LOAUPTO07MY21
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Positive)
Date of Rating
22 Dec 2023
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