Punjab Infrastructure Development Board 2027 Bond

ISININE091D11105

PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD LOA 27DC27 FVRS10LAC

Punjab Infrastructure Development Board is a public-sector (PSU) issuer in the Utilities sector. This directory lists 7 of its bonds.

Key terms

Issue date
27 Dec 2007
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
PIDB Bonds Series-II
Sector
Utilities
Issuer type
PSU

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

What the rating means

CARE BB+ / Stable (CE)ICRA BBB- / Stable (CE)

BB+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.

BB and below are non-investment-grade ('high yield'). A BB rating signals moderate risk of default: the issuer's capacity to repay is uncertain and depends on a favourable environment. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CARE BB+(CE)/Stable;ICRA BBB-(CE)/Stable

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

Price, yield & cashflows

The bond's coupon rate is not disclosed in our data.

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Available on Grip

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This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.