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Instrument Details

ISIN: INE028A08125

Face value

₹10,00,000

Coupon rate

8.42%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

971.5

Instrument Type

Bond

Returns

High

Date of Issue

07 Dec 2018

Maturity Date

12 Jul 2028

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA 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

BANK OF BARODA SERIES XVIII 8.42 BD 07DC28 FVRS10LAC
Bank Of Baroda, a Public Sector Bank company, has floated Bond, having ISIN value as INE028A08125, with a face value of ₹10,00,000 rs on 07Dec18 to raise 971.5 crores. The debt instrument is issued with a coupon rate of 8.42% 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 8.42% UNSECURED LISTED BASEL III TIER II NON CONVERTIBLE BONDS. SERIES XVIII. DATE OF MATURITY 07/12/2028. 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 12Dec18 & on BSE stock exchange on 14Dec18. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 06Sep19. 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
06 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
07-Dec-18 : Your investment
₹84,20,000
07-Dec-19 : Interest
₹84,20,000
07-Dec-20 : Interest
₹84,20,000
07-Dec-21 : Interest
₹84,20,000
07-Dec-22 : Interest
₹84,20,000
07-Dec-23 : Interest
₹84,20,000
07-Dec-24 : Interest
₹84,20,000
07-Dec-25 : Interest
₹84,20,000
07-Dec-26 : Interest
₹84,20,000
07-Dec-27 : Interest
₹50,75,068
12-Jul-28 : Interest
₹18,08,55,068
12-Jul-28 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,08,55,068)

Summary

Instrument Attributes

Value

Coupon Rate

8.42%

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 INE028A08125 issued by Bank Of Baroda

The instrument name of INE028A08125 ISIN is BANK OF BARODA SERIES XVIII 8.42 BD 07DC28 FVRS10LAC.
The interest earned from INE028A08125 bond issued by Bank Of Baroda is paid Annually, ensuring regular and consistent income for investors.
This INE028A08125 bond issued by Bank Of Baroda has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.42%, which determines the periodic interest payments made to bondholders.
The INE028A08125 Bond is issued by Bank Of Baroda, a PSU company.
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