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Indian Bank 8.15% 2027 Bond

ISININE428A08051

INDIAN BANK SR-III 8.15 BD 25JN27 FVRS10LAC LOAUPTO15JU17

Indian Bank is a corporate (non-PSU) issuer in the Finance sector. This directory lists 4 of its bonds.

Key terms

Issue date
25 Jan 2017
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
III
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

CARE AAA / StableIndia Ratings: rating withdrawn

AAAmost 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.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CARE AAA/Stable;IND WITHDRAWN/No Outlook

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 8.00% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 25 Jan 2027; final payment ₹10,81,500 per bond.

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