Instrument Details

ISIN: INE092T08485

Face value

₹10,00,000

Coupon rate

8.84%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

High

Date of Issue

28 May 2010

Maturity Date

28 May 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA+ (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IDFC FIRST BANK LIMITED SR-OBB 12 8.84 NCD 28MY25 FVRS10LAC
Idfc First Bank Limited, a Private Sector Bank company, has floated Debenture, having ISIN value as INE092T08485, with a face value of ₹10,00,000 rs on 28May10 to raise 200 crores. The debt instrument is issued with a coupon rate of 8.84% 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 Debenture is 8.84% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES IDFC BANK OBB 12/2011 .DATE OF MATURITY 28/05/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 21Dec15. This issuer is formerly known as IDFC BANK LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
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Date Verified
12 Dec 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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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
28-May-10 : Your investment
₹88,40,000
28-May-11 : Interest
₹88,40,000
28-May-12 : Interest
₹88,40,000
28-May-13 : Interest
₹88,40,000
28-May-14 : Interest
₹88,40,000
28-May-15 : Interest
₹88,40,000
28-May-16 : Interest
₹88,40,000
28-May-17 : Interest
₹88,40,000
28-May-18 : Interest
₹88,40,000
28-May-19 : Interest
₹88,40,000
28-May-20 : Interest
₹88,40,000
28-May-21 : Interest
₹88,40,000
28-May-22 : Interest
₹88,40,000
28-May-23 : Interest
₹88,40,000
28-May-24 : Interest
₹88,40,000
28-May-25 : Interest
₹23,26,00,000
28-May-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹13,26,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.84%

Returns

High

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE092T08485 issued by Idfc First Bank Limited

The instrument name of INE092T08485 ISIN is IDFC FIRST BANK LIMITED SR-OBB 12 8.84 NCD 28MY25 FVRS10LAC.
The interest earned from INE092T08485 bond issued by Idfc First Bank Limited is paid Annually, ensuring regular and consistent income for investors.
This INE092T08485 bond issued by Idfc First Bank Limited has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.84%, which determines the periodic interest payments made to bondholders.
The INE092T08485 Debenture is issued by Idfc First Bank Limited, a Private Sector company.