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Instrument Details

ISIN: INE134E08693

Face value

₹1,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

748.72

Instrument Type

Bond

Returns

Low

Date of Issue

30 Dec 2002

Maturity Date

30 Dec 2022

Perpetual

Yes

Listing Status

Listed

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. TX SR-19 BD 30DC22 LOA UPTO 14OT03 FVRS 1 LAC
Power Finance Corporation Ltd., a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE134E08693, with a face value of ₹1,00,000 rs on 30Dec02 to raise 748.72 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 Zero Coupon Unsecured Non-Convertible taxable Bonds in the form of Debentures Series (2022)-XIX Letter of Allotment. Date of Maturity: 30/12/2022. 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 08Jan03 & on BSE stock exchange on 22Jul14. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 01Dec13. 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

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

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
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Rating

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FAQs about INE134E08693 issued by Power Finance Corporation Ltd.

The instrument name of INE134E08693 ISIN is POWER FINANCE CORPORATION LTD. TX SR-19 BD 30DC22 LOA UPTO 14OT03 FVRS 1 LAC.
Never, as INE134E08693 bond issued by Power Finance Corporation Ltd. is a Zero-coupon bond.
This INE134E08693 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.
The coupon rate of INE134E08693 bond issued by Power Finance Corporation Ltd. is 0%.
The INE134E08693 Bond is issued by Power Finance Corporation Ltd., a PSU company.
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