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Bank Of Maharashtra - AA Rated (INE457A09199)
In-activePrivate SectorUnsecured
Instrument Details
ISIN: INE457A09199
Face value
₹10,00,000
Coupon rate
9.00 %
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
1000
Instrument Type
Bond
Returns
Linked to Markets
Date of Issue
31 Dec 2012
Maturity Date
31 Dec 2022
Perpetual
Yes
Listing Status
Listed
Rating status
AA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 2
Guarantee Type
Non Convertible
About this Bond
BANK OF MAHARASHTRA 9 BD 31DC22 FVRS10LAC LOA UPTO 15JN12
Bank Of Maharashtra, a Finance company, has floated Bond,
having ISIN value as INE457A09199, with a face value of ₹10,00,000 rs on 31Dec12 to raise 1000 crores. The debt instrument
is issued with a coupon rate of 9.00 % and its interest is paid
Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment.
As per the filings, the long description of this Unsecured
Bond is 9.00% Unsecured Non Convertible Redeemable Lower Tier II bonds (Series X ) in the form of Promissory Note .Letter of allotment. Date of Maturity: 31/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on BSE stock
exchange on 08Jan13. CRISIL RATINGS LIMITED has given AA rating to
this Bond on 01Jul13. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Summary
Instrument Attributes
Value
Coupon Rate
9.00 %
Returns
Linked to Markets
Bond Rating
AA
Seniority in Repayment
Subordinate Tier 2
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Finance
HEAD OFFICE
Pune
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Bank Of Maharashtra
FAQs about INE457A09199 issued by Bank Of Maharashtra
What is the instrument name of INE457A09199 ISIN?
The instrument name of INE457A09199 ISIN is BANK OF MAHARASHTRA 9 BD 31DC22 FVRS10LAC LOA UPTO 15JN12.
How frequently is the interest paid on INE457A09199 bond issued by Bank Of Maharashtra?
The interest earned from INE457A09199 bond issued by Bank Of Maharashtra is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE457A09199 bond issued by Bank Of Maharashtra?
This INE457A09199 bond issued by Bank Of Maharashtra has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE457A09199 bond issued by Bank Of Maharashtra?
The coupon rate of INE457A09199 bond issued by Bank Of Maharashtra is 9.00 %.
Who is the issuer of INE457A09199 Bond?
The INE457A09199 Bond is issued by Bank Of Maharashtra, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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