A bond is a debt security. Borrowers issue bonds to invite funds from investors willing to lend them money for a fixed period.
Institutions like Government, Municipality, Corporates, etc. borrow money from bond buyers. In return, they pay you a fixed rate of interest on the principal. At maturity of the bond, you get both, the interest and the principal amount or face value of the bond, back.
Credit Risk, These bonds have a higher credit rating, implying less credit risk, than high-yield corporate bonds.
Issuer: Bank of Baroda
ISIN: INE028A08216
Face Value: ₹10,00,000
Coupon Rate: 8.25% per annum
Coupon Payment Frequency: Annually, on July 17
Issue Date: July 17, 2020
Maturity Date: Perpetual (no fixed maturity date)
Call Option Date: July 17, 2025
Bond Type: Perpetual, Additional Tier 1 (AT1)
Security: Unsecured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA+ by CRISIL (as of July 13, 2020)
Listing Status: Listed on BSE and NSE (since July 22, 2020)
Taxation: Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Union Bank of India
ISIN: INE692A08029
Face Value: ₹10,00,000
Coupon Rate: 9.50% per annum
Coupon Payment Frequency: Annually, on September 15
Issue Date: September 15, 2016
Maturity Date: Perpetual (no fixed maturity date)
Call Option Date: September 15, 2026
Bond Type: Perpetual, Additional Tier 1 (AT1)
Security: Unsecured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA+ by CARE (as of September 19, 2024)
Listing Status: Listed on BSE and NSE (since July 22, 2020)
Taxation: Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Punjab National Bank
ISIN: INE160A08076
Face Value: ₹10,00,000
Coupon Rate: 9.15% per annum
Coupon Payment Frequency: Annually, on February 13
Issue Date: February 13, 2015
Maturity Date: Perpetual (no fixed maturity date)
Call Option Date: February 13, 2025
Bond Type: Perpetual, Additional Tier 1 (AT1)
Security: Unsecured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA+ by CRISIL (as of July 13, 2020)
Listing Status: Listed on BSE and NSE (since July 22, 2020)
Taxation: Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Telangana State Industrial Infrastructure Corp. Ltd.
ISIN: INE1C3207081
Face Value: ₹10,00,000
Coupon Rate: 9.35% per annum
Coupon Payment Frequency: Annually, on December 6
Issue Date: December 06, 2024
Maturity Date: December 29, 2028
Call Option Date: N/A
Bond Type: NCD Taxable
Security: Secured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA by IND (as of July 13, 2020)
Listing Status: Listed on BSE and NSE (since November 26, 2024)
Taxation: NCD Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: UP Power Corp. LTD.
ISIN: INE540P07335
Face Value: ₹10,00,000
Coupon Rate: 10.15% per annum
Coupon Payment Frequency: Annually, on March 27
Issue Date: March 27, 2018
Maturity Date: January 20, 2026
Call Option Date: N/A
Bond Type: NCD Taxable
Security: Secured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA by BWR (as of July 13, 2020)
Listing Status: Listed on BSE and NSE (since September 24, 2024)
Taxation: NCD Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Andhra Pradesh State Beverage Corp. LTD.
ISIN: INE0M2307198
Face Value: ₹10,00,000
Coupon Rate: 09.62% per annum
Coupon Payment Frequency: Annually, on December 2022
Issue Date: December 21, 2022
Maturity Date: November 28, 2031
Call Option Date: N/A
Bond Type: NCD Taxable
Security: Secured
Seniority in Repayment: Additional Tier 1
Credit Rating: Sovereign
Listing Status: Listed on BSE and NSE
Taxation: NCD Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Shriram Transport Finance Co. Ltd
ISIN: INE721A08DE4
Face Value: ₹10,00,000
Coupon Rate: 10.25% per annum
Coupon Payment Frequency: Annually, on December 18
Issue Date: December 31, 2018
Maturity Date: December 27, 2024
Call Option Date: N/A
Bond Type: NCD Taxable
Security: Unsecured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA+ by IND (as of July 13, 2020)
Listing Status: Listed on BSE and NSE (since July 22, 2020)
Taxation: NCD Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Hinduja Leyland Finance Ltd.
ISIN: INE146O08183
Face Value: ₹10,00,000
Coupon Rate: 09.75% per annum
Coupon Payment Frequency: Annually, on March 19
Issue Date: March 19, 2021
Maturity Date: September 18, 2026
Call Option Date: N/A
Bond Type: NCD Taxable
Security: Secured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA+ by CRISIL (as of October 02, 2024)
Listing Status: Listed on BSE and NSE (since September 24, 2024)
Taxation: NCD Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
Issuer: Aditya Birla Finance Ltd.
ISIN: INE860H08DZ0
Face Value: ₹10,00,000
Coupon Rate: 8.70% per annum
Coupon Payment Frequency: Annually, on July 21
Issue Date: July 21, 2017
Maturity Date: July 21, 2027
Call Option Date: July 21, 2027
Bond Type: Perpetual
Security: Unsecured
Seniority in Repayment: Additional Tier 1
Credit Rating: AA+ by IND (as of April 08, 2025)
Listing Status: Listed on BSE and NSE (since September 24, 2024)
Taxation: NCD Taxable
Minimum Investment: ₹10,00,000
Accrued Interest Calculation: Accrued interest is calculated from the last coupon payment date to the settlement date.
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