Instrument Details

ISIN: INE090A08UD0

Face value

₹10,00,000

Coupon rate

7.10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

945

Instrument Type

Bond

Returns

Medium

Date of Issue

17 Feb 2020

Maturity Date

17 Feb 2030

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CARE Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

ICICI BANK LIMITED SERIES DFE20T2 7.10 BD 17FB30 FVRS10LAC
Icici Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE090A08UD0, with a face value of ₹10,00,000 rs on 17Feb20 to raise 945 crores. The debt instrument is issued with a coupon rate of 7.10% 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 7.10% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE FULLY PAID UP BASEL III COMPLIANT BONDS IN THE NATURE OF DEBENTURES ELIGIBLE FOR INCLUSION IN TIER 2 CAPITAL BONDS. SERIES DFE20T2. DATE OF MATURITY 17/02/2030. 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 04Mar20 & on NSE stock exchange on 04Mar20. CARE RATINGS LIMITED has given AAA rating to this Bond on 17Feb20. This issuer is formerly known as ICICI LTD. 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
22 Nov 2023
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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
17-Feb-20 : Your investment
₹71,00,000
17-Feb-21 : Interest
₹71,00,000
17-Feb-22 : Interest
₹71,00,000
17-Feb-23 : Interest
₹71,00,000
17-Feb-24 : Interest
₹71,00,000
17-Feb-25 : Interest
₹71,00,000
17-Feb-26 : Interest
₹71,00,000
17-Feb-27 : Interest
₹71,00,000
17-Feb-28 : Interest
₹71,00,000
17-Feb-29 : Interest
₹71,00,000
17-Feb-30 : Interest
₹17,10,00,000
17-Feb-30 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,10,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.10%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Private Sector Bank
Head Office
HEAD OFFICE
Vadodara
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE090A08UD0 issued by Icici Bank Limited

The instrument name of INE090A08UD0 ISIN is ICICI BANK LIMITED SERIES DFE20T2 7.10 BD 17FB30 FVRS10LAC.
The interest earned from INE090A08UD0 bond issued by Icici Bank Limited is paid Annually, ensuring regular and consistent income for investors.
This INE090A08UD0 bond issued by Icici Bank Limited has been assigned a credit rating of AAA by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 7.1%, which determines the periodic interest payments made to bondholders.
The INE090A08UD0 Bond is issued by Icici Bank Limited, a Private Sector company.