Union Bank of India
Banks
corporate
Banks
corporate
Tenure
136D
Tenure
136D
About Issuer
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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
8.00%
FACE VALUE
₹10,00,000
MATURITY DATE
22 Aug 2026
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE692A08011
Credit rating
Rating
BWR AA+
Rating Agency
Brickwork Ratings
Date of Rating
14 Dec 2021
Rating
BWR AA+
Rating Agency
Brickwork Ratings
Date of Rating
14 Dec 2021
Other details
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