The Jammu and Kashmir Bank Limited 10.5% 9999 Bond

ISININE168A08061

THE JAMMU AND KASHMIR BANK LIMITED 10.5 LOA PERPETUAL FVRS10LAC

The Jammu and Kashmir Bank Limited is a public-sector (PSU) issuer in the Private Sector Bank sector. This directory lists 3 of its bonds.

Key terms

Issue date
14 Jun 2018
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
N.A.
Sector
Private 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

Brickwork A / Stable

Amost 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.

A-grade bonds are judged to have adequate-to-strong repayment capacity, but they are somewhat more exposed to adverse business or economic conditions than higher-rated bonds. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: BWR A/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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Available on Grip

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