Indusind Bank Ltd. 8.11% 2031 Bond

ISININE095A08090

INDUSIND BANK LTD. SR XV 8.11 BD 29OT31 FVRS1CR

Indusind Bank Ltd. is a corporate (non-PSU) issuer in the Finance sector. This directory lists 2 of its bonds.

Key terms

Issue date
29 Oct 2021
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement (EBP)
Series
SERIES XV
Sector
Finance
Issuer type
Corporate
Issuer nature
Bank

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

What the rating means

CRISIL AA+ / NegativeIndia Ratings AA+ / Negative

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+/Negative;IND AA+/Negative

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 8.09% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 29 Oct 2031; final payment ₹1,08,11,000 per bond.

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