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Instrument Details

ISIN: INE896W08020

Face value

₹10,00,000

Coupon rate

7.47%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

660

Instrument Type

Bond

Returns

Medium

Date of Issue

13 Oct 2017

Maturity Date

13 Oct 2027

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL 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

INLAND WATERWAYS AUTHORITY OF INDIA SR-II 7.47 BD 13OT27 FVRS10LAC
Inland Waterways Authority Of India, a Utilities company, has floated Bond, having ISIN value as INE896W08020, with a face value of ₹10,00,000 rs on 13Oct17 to raise 660 crores. The debt instrument is issued with a coupon rate of 7.47% 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 7.47% GOI FULLY SERVICE UNSECURED LISTED REDEEMABLE TAXABLE LONG TERM BONDS IN THE NATURE OF DEBENTURES. SERIES II. DATE OF MATURITY 13/10/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 19Oct17. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 27Sep17. 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
01 Mar 2022
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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
13-Oct-17 : Your investment
₹37,35,000
13-Apr-18 : Interest
₹37,35,000
13-Oct-18 : Interest
₹37,35,000
13-Apr-19 : Interest
₹37,35,000
13-Oct-19 : Interest
₹37,35,000
13-Apr-20 : Interest
₹37,35,000
13-Oct-20 : Interest
₹37,35,000
13-Apr-21 : Interest
₹37,35,000
13-Oct-21 : Interest
₹37,35,000
13-Apr-22 : Interest
₹37,35,000
13-Oct-22 : Interest
₹37,35,000
13-Apr-23 : Interest
₹37,35,000
13-Oct-23 : Interest
₹37,35,000
13-Apr-24 : Interest
₹37,35,000
13-Oct-24 : Interest
₹37,35,000
13-Apr-25 : Interest
₹37,35,000
13-Oct-25 : Interest
₹37,35,000
13-Apr-26 : Interest
₹37,35,000
13-Oct-26 : Interest
₹37,35,000
13-Apr-27 : Interest
₹37,35,000
13-Oct-27 : Interest
₹17,47,00,000
13-Oct-27 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,47,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.47%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Noida
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE896W08020 issued by Inland Waterways Authority Of India

The instrument name of INE896W08020 ISIN is INLAND WATERWAYS AUTHORITY OF INDIA SR-II 7.47 BD 13OT27 FVRS10LAC.
The interest earned from INE896W08020 bond issued by Inland Waterways Authority Of India is paid Semi Annually, ensuring regular and consistent income for investors.
This INE896W08020 bond issued by Inland Waterways Authority Of India 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 7.47%, which determines the periodic interest payments made to bondholders.
The INE896W08020 Bond is issued by Inland Waterways Authority Of India, a PSU company.
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