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Instrument Details

ISIN: INE134E07745

Face value

₹10,000

Coupon rate

5.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

10.751

Instrument Type

Bond

Returns

Medium

Date of Issue

31 Oct 2018

Maturity Date

31 Oct 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

POWER FINANCE CORPORATION LTD. SERIES II 5.75 BD 31OT23 FVRS10000
Power Finance Corporation Ltd., a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE134E07745, with a face value of ₹10,000 rs on 31Oct18 to raise 10.751 crores. The debt instrument is issued with a coupon rate of 5.75% 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 Secured Bond is 5.75% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. PFC CAPITAL GAIN TAX EXEMPTION BONDS SERIES II. DATE OF MATURITY 31/10/2023. 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. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 28Mar18. 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
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,000
Lot Size
100
Minimum Investment
₹10,00,000

Cashflow

₹10,00,000
31-Oct-18 : Your investment
₹57,500
31-Oct-19 : Interest
₹57,500
31-Oct-20 : Interest
₹57,500
31-Oct-21 : Interest
₹57,500
31-Oct-22 : Interest
₹57,500
31-Oct-23 : Interest
₹12,87,500
31-Oct-23 : Maturity amount (Investment: ₹10,00,000, Interest earned: ₹2,87,500)

Summary

Instrument Attributes

Value

Coupon Rate

5.75%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE134E07745 issued by Power Finance Corporation Ltd.

The instrument name of INE134E07745 ISIN is POWER FINANCE CORPORATION LTD. SERIES II 5.75 BD 31OT23 FVRS10000.
The interest earned from INE134E07745 bond issued by Power Finance Corporation Ltd. is paid Annually, ensuring regular and consistent income for investors.
This INE134E07745 bond issued by Power Finance Corporation Ltd. has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 5.75%, which determines the periodic interest payments made to bondholders.
The INE134E07745 Bond is issued by Power Finance Corporation Ltd., a PSU company.
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