Instrument Details

ISIN: INE028A09123

Face value

₹10,00,000

Coupon rate

8.54%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Bond

Returns

High

Date of Issue

08 Jul 2009

Maturity Date

07 Aug 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (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 BARODA 8.54 BD 08JL24 FVRS10LAC
Bank Of Baroda, a Public Sector Bank company, has floated Bond, having ISIN value as INE028A09123, with a face value of ₹10,00,000 rs on 08Jul09 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.54% 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 8.54% Unsecured Non Convertible Subordinated Upper Tier II Bond (Series XII) in nature of Promissory notes.Date of Maturity : 08/07/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 22Jul09 & on BSE stock exchange on 24Jul09. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 01Jul09. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
01 Mar 2022
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
08-Jul-09 : Your investment
₹85,40,000
08-Jul-10 : Interest
₹85,40,000
08-Jul-11 : Interest
₹85,40,000
08-Jul-12 : Interest
₹85,40,000
08-Jul-13 : Interest
₹85,40,000
08-Jul-14 : Interest
₹85,40,000
08-Jul-15 : Interest
₹85,40,000
08-Jul-16 : Interest
₹85,40,000
08-Jul-17 : Interest
₹85,40,000
08-Jul-18 : Interest
₹85,40,000
08-Jul-19 : Interest
₹85,40,000
08-Jul-20 : Interest
₹85,40,000
08-Jul-21 : Interest
₹85,40,000
08-Jul-22 : Interest
₹85,40,000
08-Jul-23 : Interest
₹85,40,000
08-Jul-24 : Interest
₹22,81,00,000
07-Aug-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹12,81,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.54%

Returns

High

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Public Sector Bank
Head Office
HEAD OFFICE
Baroda
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE028A09123 issued by Bank Of Baroda

The instrument name of INE028A09123 ISIN is BANK OF BARODA 8.54 BD 08JL24 FVRS10LAC.
The interest earned from INE028A09123 bond issued by Bank Of Baroda is paid Annually, ensuring regular and consistent income for investors.
This INE028A09123 bond issued by Bank Of Baroda has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.54%, which determines the periodic interest payments made to bondholders.
The INE028A09123 Bond is issued by Bank Of Baroda, a PSU company.