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Bank of India 7.88% 2033 Bond

ISININE084A08177

BANK OF INDIA SR XVI 7.88 BD 15SP33 FVRS1CR

Bank of India is a public-sector (PSU) issuer in the Public Sector Bank sector. This directory lists 9 of its bonds.

Key terms

Issue date
15 Sept 2023
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement (EBP)
Series
XVI
Sector
Public Sector Bank
Issuer type
PSU
Issuer nature
Bank

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

CRISIL AA+ / StableAcuité AAA / Stable

AA+most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CRISIL AA+/Stable;ACUITE AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 7.87% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 15 Sept 2033; final payment ₹1,07,88,000 per bond.

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