The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE669H09160

Face value

₹1,00,000

Coupon rate

9.80%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Bond

Returns

High

Date of Issue

16 Nov 2012

Maturity Date

16 Nov 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PUNJAB FINANCIAL CORPORATION SR-VIII 9.8 LOA 16NV22 FVRS1LAC
Punjab Financial Corporation, a Finance company, has floated Bond, having ISIN value as INE669H09160, with a face value of ₹1,00,000 rs on 16Nov12 to raise 10 crores. The debt instrument is issued with a coupon rate of 9.80% 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 Unsecured Bond is 9.80% UNSECURED GOVT. GUARANTEED PFC BOND ISSUE 2012. SERIES VIII. LETTER OF ALLOTMENT. DATE OF MATURITY 16/11/2022.. This instrument is issued in Unknown mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
16-Nov-12 : Your investment
₹9,80,000
16-Nov-13 : Interest
₹9,80,000
16-Nov-14 : Interest
₹9,80,000
16-Nov-15 : Interest
₹9,80,000
16-Nov-16 : Interest
₹9,80,000
16-Nov-17 : Interest
₹9,80,000
16-Nov-18 : Interest
₹9,80,000
16-Nov-19 : Interest
₹9,80,000
16-Nov-20 : Interest
₹9,80,000
16-Nov-21 : Interest
₹9,80,000
16-Nov-22 : Interest
₹1,98,00,000
16-Nov-22 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹98,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.80%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE669H09160 issued by Punjab Financial Corporation

The instrument name of INE669H09160 ISIN is PUNJAB FINANCIAL CORPORATION SR-VIII 9.8 LOA 16NV22 FVRS1LAC.
The interest earned from INE669H09160 bond issued by Punjab Financial Corporation is paid Annually, ensuring regular and consistent income for investors.
This INE669H09160 bond issued by Punjab Financial Corporation does not currently have an assigned credit rating
This Bond offers a coupon rate of 9.8%, which determines the periodic interest payments made to bondholders.
The INE669H09160 Bond is issued by Punjab Financial Corporation, a PSU company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow