Indusind Bank Limited, a Finance company, has floated Bond, having ISIN value as INE095A08058, with a face value of ₹10,00,000 rs on 09Dec16 to raise 1500 crores. The debt instrument is issued with a coupon rate of 7.60% 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 7.60% UNSECURED REDEEMABLE NON CONVERTIBLE LONG TERM BONDS IN THE NATURE OF DEBENTURES. DATE OF MATURITY 09/12/2026. 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 16Dec16 & on BSE stock exchange on 16Dec16. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Bond on 07Dec16. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.