PSDIC Bonds are issued by Punjab State Industrial Development Corporation Ltd, an NBFC and PSU backed by the Govt of Punjab. The PSDIC undertakes various activities that support large and medium scale projects. PSDIC is notorious for having defaulted on their bond payments in the past. However, since the bonds were guaranteed by the state government, people got their money back but with a delay.
Bond name | Rating | Coupon Rate | Payment Freq | Maturity Date |
---|---|---|---|---|
9.70% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 26Aug22 Bond Taxable Unsecured | 9.70% | Annually | 26 Aug 22 | |
9.32% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 02Jul17 Bond Taxable Unsecured | 9.32% | Annually | 02 Jul 17 | |
7.80% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 26Jan16 Bond Taxable Unsecured | 7.80% | Annually | 26 Jan 16 | |
9.32% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 29Nov16 Bond Taxable Unsecured | 9.32% | Annually | 29 Nov 16 | |
9.90% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 21Feb23 Bond Taxable Unsecured | 9.90% | Annually | 21 Feb 23 | |
9.90% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 27Mar23 Bond Taxable Unsecured | 9.90% | Annually | 27 Mar 23 | |
9.32% PUNJAB STATE INDUSTRIAL DEVELOPMENT CORP.LTD 23Apr19 Bond Taxable Unsecured | 9.32% | Annually | 23 Apr 19 |
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