9.25% Icici Bank Limited - AAA Rated (INE090A08TO9)

Icici Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE090A08TO9, with a face value of ₹10,00,000 rs on 04Sep14 to raise 3889 crores. The debt instrument is issued with a coupon rate of 9.25% and its interest is paid Semi 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 9.25% UNSECURED REDEEMABLE NON-CONVERTIBLE LONG TERM BONDS IN THE NATURE OF DEBENTURES. SERIES DSP14LB. DATE OF MATURITY 04/09/2024. 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 15Sep14 & on BSE stock exchange on 12Sep16. CARE Ratings Limited has given AAA rating to this Bond on 04Sep14. 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.