Punjab National Bank 8.75% 9999 Bond

ISININE160A08225

PUNJAB NATIONAL BANK SR XV 8.75 LOA PERPETUAL FVRS1CR

Punjab National Bank is a public-sector (PSU) issuer in the Public Sector Bank sector. This directory lists 16 of its bonds.

Key terms

Issue date: 6 Jul 2022
Interest basis: Simple
Instrument: Bonds
Mode of issue: Private Placement (EBP)
Series: SERIES XV
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

India Ratings AA+ / StableCRISIL AA+ / 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: IND AA+/Stable;CRISIL AA+/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 term is too long for our schedule model.

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Key terms

What the rating means

Price, yield & cashflows

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