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: INE062A08306

Face value

₹1,00,00,000

Coupon rate

7.55%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

3974

Instrument Type

Bond

Returns

Medium

Date of Issue

14 Dec 2021

Maturity Date

31 Dec 9999

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (INDIA Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

STATE BANK OF INDIA SR III 7.55 BD PERPETUAL FVRS1CR
State Bank Of India, a Public Sector Bank company, has floated Bond, having ISIN value as INE062A08306, with a face value of ₹1,00,00,000 rs on 14Dec21 to raise 3974 crores. The debt instrument is issued with a coupon rate of 7.55% 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 7.55% UNSECURED RATED LISTED PERPETUAL NON CONVERTIBLE DEBENTURE.SERIES III.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 15Dec21 & on NSE stock exchange on 16Dec21. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Bond on 03Dec21. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
check
Date Verified
25 Jun 2024
check
Outlook
Stable
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
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
14-Dec-21 : Your investment
₹7,55,00,000
14-Dec-22 : Interest
₹7,55,00,000
14-Dec-23 : Interest
₹7,55,00,000
14-Dec-24 : Interest
₹7,55,00,000
14-Dec-25 : Interest
₹7,55,00,000
14-Dec-26 : Interest
₹7,55,00,000
14-Dec-27 : Interest
₹7,55,00,000
14-Dec-28 : Interest
₹7,55,00,000
14-Dec-29 : Interest
₹7,55,00,000
14-Dec-30 : Interest
₹7,55,00,000
14-Dec-31 : Interest
₹7,55,00,000
14-Dec-32 : Interest
₹7,55,00,000
14-Dec-33 : Interest
₹7,55,00,000
14-Dec-34 : Interest
₹7,55,00,000
14-Dec-35 : Interest
₹7,55,00,000
14-Dec-36 : Interest
₹7,55,00,000
14-Dec-37 : Interest
₹7,55,00,000
14-Dec-38 : Interest
₹7,55,00,000
14-Dec-39 : Interest
₹7,55,00,000
14-Dec-40 : Interest
₹7,55,00,000
14-Dec-41 : Interest
₹7,55,00,000
14-Dec-42 : Interest
₹7,55,00,000
14-Dec-43 : Interest
₹7,55,00,000
14-Dec-44 : Interest
₹7,55,00,000
14-Dec-45 : Interest
₹7,55,00,000
14-Dec-46 : Interest
₹7,55,00,000
14-Dec-47 : Interest
₹7,55,00,000
14-Dec-48 : Interest
₹7,55,00,000
14-Dec-49 : Interest
₹7,55,00,000
14-Dec-50 : Interest
₹7,55,00,000
14-Dec-51 : Interest
₹7,55,00,000
14-Dec-52 : Interest
₹7,55,00,000
14-Dec-53 : Interest
₹7,55,00,000
14-Dec-54 : Interest
₹7,55,00,000
14-Dec-55 : Interest
₹7,55,00,000
14-Dec-56 : Interest
₹7,55,00,000
14-Dec-57 : Interest
₹7,55,00,000
14-Dec-58 : Interest
₹7,55,00,000
14-Dec-59 : Interest
₹7,55,00,000
14-Dec-60 : Interest
₹7,55,00,000
14-Dec-61 : Interest
₹7,55,00,000
14-Dec-62 : Interest
₹7,55,00,000
14-Dec-63 : Interest
₹7,55,00,000
14-Dec-64 : Interest
₹7,55,00,000
14-Dec-65 : Interest
₹7,55,00,000
14-Dec-66 : Interest
₹7,55,00,000
14-Dec-67 : Interest
₹7,55,00,000
14-Dec-68 : Interest
₹7,55,00,000
14-Dec-69 : Interest
₹7,55,00,000
14-Dec-70 : Interest
₹7,55,00,000
14-Dec-71 : Interest
₹7,55,00,000
14-Dec-72 : Interest
₹7,55,00,000
14-Dec-73 : Interest
₹7,55,00,000
14-Dec-74 : Interest
₹7,55,00,000
14-Dec-75 : Interest
₹7,55,00,000
14-Dec-76 : Interest
₹7,55,00,000
14-Dec-77 : Interest
₹7,55,00,000
14-Dec-78 : Interest
₹7,55,00,000
14-Dec-79 : Interest
₹7,55,00,000
14-Dec-80 : Interest
₹7,55,00,000
14-Dec-81 : Interest
₹7,55,00,000
14-Dec-82 : Interest
₹7,55,00,000
14-Dec-83 : Interest
₹7,55,00,000
14-Dec-84 : Interest
₹7,55,00,000
14-Dec-85 : Interest
₹7,55,00,000
14-Dec-86 : Interest
₹7,55,00,000
14-Dec-87 : Interest
₹7,55,00,000
14-Dec-88 : Interest
₹7,55,00,000
14-Dec-89 : Interest
₹7,55,00,000
14-Dec-90 : Interest
₹7,55,00,000
14-Dec-91 : Interest
₹7,55,00,000
14-Dec-92 : Interest
₹7,55,00,000
14-Dec-93 : Interest
₹7,55,00,000
14-Dec-94 : Interest
₹7,55,00,000
14-Dec-95 : Interest
₹7,55,00,000
14-Dec-96 : Interest
₹7,55,00,000
14-Dec-97 : Interest
₹7,55,00,000
14-Dec-98 : Interest
₹7,55,00,000
14-Dec-99 : Interest
₹7,55,00,000
14-Dec-00 : Interest
₹7,55,00,000
14-Dec-01 : Interest
₹7,55,00,000
14-Dec-02 : Interest
₹7,55,00,000
14-Dec-03 : Interest
₹7,55,00,000
14-Dec-04 : Interest
₹7,55,00,000
14-Dec-05 : Interest
₹7,55,00,000
14-Dec-06 : Interest
₹7,55,00,000
14-Dec-07 : Interest
₹7,55,00,000
14-Dec-08 : Interest
₹7,55,00,000
14-Dec-09 : Interest
₹7,55,00,000
14-Dec-10 : Interest
₹7,55,00,000
14-Dec-11 : Interest
₹7,55,00,000
14-Dec-12 : Interest
₹7,55,00,000
14-Dec-13 : Interest
₹7,55,00,000
14-Dec-14 : Interest
₹7,55,00,000
14-Dec-15 : Interest
₹7,55,00,000
14-Dec-16 : Interest
₹7,55,00,000
14-Dec-17 : Interest
₹7,55,00,000
14-Dec-18 : Interest
₹7,55,00,000
14-Dec-19 : Interest
₹7,55,00,000
14-Dec-20 : Interest
₹7,55,00,000
14-Dec-21 : Interest
₹7,55,00,000
14-Dec-22 : Interest
₹7,55,00,000
14-Dec-23 : Interest
₹7,55,00,000
14-Dec-24 : Interest
₹7,55,00,000
14-Dec-25 : Interest
₹7,55,00,000
14-Dec-26 : Interest
₹7,55,00,000
14-Dec-27 : Interest
₹7,55,00,000
14-Dec-28 : Interest
₹7,55,00,000
14-Dec-29 : Interest
₹7,55,00,000
14-Dec-30 : Interest
₹7,55,00,000
14-Dec-31 : Interest
₹7,55,00,000
14-Dec-32 : Interest
₹7,55,00,000
14-Dec-33 : Interest
₹7,55,00,000
14-Dec-34 : Interest
₹7,55,00,000
14-Dec-35 : Interest
₹7,55,00,000
14-Dec-36 : Interest
₹7,55,00,000
14-Dec-37 : Interest
₹7,55,00,000
14-Dec-38 : Interest
₹7,55,00,000
14-Dec-39 : Interest
₹7,55,00,000
14-Dec-40 : Interest
₹7,55,00,000
14-Dec-41 : Interest
₹7,55,00,000
14-Dec-42 : Interest
₹7,55,00,000
14-Dec-43 : Interest
₹7,55,00,000
14-Dec-44 : Interest
₹7,55,00,000
14-Dec-45 : Interest
₹7,55,00,000
14-Dec-46 : Interest
₹7,55,00,000
14-Dec-47 : Interest
₹7,55,00,000
14-Dec-48 : Interest
₹7,55,00,000
14-Dec-49 : Interest
₹7,55,00,000
14-Dec-50 : Interest
₹7,55,00,000
14-Dec-51 : Interest
₹7,55,00,000
14-Dec-52 : Interest
₹7,55,00,000
14-Dec-53 : Interest
₹7,55,00,000
14-Dec-54 : Interest
₹7,55,00,000
14-Dec-55 : Interest
₹7,55,00,000
14-Dec-56 : Interest
₹7,55,00,000
14-Dec-57 : Interest
₹7,55,00,000
14-Dec-58 : Interest
₹7,55,00,000
14-Dec-59 : Interest
₹7,55,00,000
14-Dec-60 : Interest
₹7,55,00,000
14-Dec-61 : Interest
₹7,55,00,000
14-Dec-62 : Interest
₹7,55,00,000
14-Dec-63 : Interest
₹7,55,00,000
14-Dec-64 : Interest
₹7,55,00,000
14-Dec-65 : Interest
₹7,55,00,000
14-Dec-66 : Interest
₹7,55,00,000
14-Dec-67 : Interest
₹7,55,00,000
14-Dec-68 : Interest
₹7,55,00,000
14-Dec-69 : Interest
₹7,55,00,000
14-Dec-70 : Interest
₹7,55,00,000
14-Dec-71 : Interest
₹7,55,00,000
14-Dec-72 : Interest
₹7,55,00,000
14-Dec-73 : Interest
₹7,55,00,000
14-Dec-74 : Interest
₹7,55,00,000
14-Dec-75 : Interest
₹7,55,00,000
14-Dec-76 : Interest
₹7,55,00,000
14-Dec-77 : Interest
₹7,55,00,000
14-Dec-78 : Interest
₹7,55,00,000
14-Dec-79 : Interest
₹7,55,00,000
14-Dec-80 : Interest
₹7,55,00,000
14-Dec-81 : Interest
₹7,55,00,000
14-Dec-82 : Interest
₹7,55,00,000
14-Dec-83 : Interest
₹7,55,00,000
14-Dec-84 : Interest
₹7,55,00,000
14-Dec-85 : Interest
₹7,55,00,000
14-Dec-86 : Interest
₹7,55,00,000
14-Dec-87 : Interest
₹7,55,00,000
14-Dec-88 : Interest
₹7,55,00,000
14-Dec-89 : Interest
₹7,55,00,000
14-Dec-90 : Interest
₹7,55,00,000
14-Dec-91 : Interest
₹7,55,00,000
14-Dec-92 : Interest
₹7,55,00,000
14-Dec-93 : Interest
₹7,55,00,000
14-Dec-94 : Interest
₹7,55,00,000
14-Dec-95 : Interest
₹7,55,00,000
14-Dec-96 : Interest
₹7,55,00,000
14-Dec-97 : Interest
₹7,55,00,000
14-Dec-98 : Interest
₹7,55,00,000
14-Dec-99 : Interest
₹7,55,00,000
14-Dec-00 : Interest
₹7,55,00,000
14-Dec-01 : Interest
₹7,55,00,000
14-Dec-02 : Interest
₹7,55,00,000
14-Dec-03 : Interest
₹7,55,00,000
14-Dec-04 : Interest
₹7,55,00,000
14-Dec-05 : Interest
₹7,55,00,000
14-Dec-06 : Interest
₹7,55,00,000
14-Dec-07 : Interest
₹7,55,00,000
14-Dec-08 : Interest
₹7,55,00,000
14-Dec-09 : Interest
₹7,55,00,000
14-Dec-10 : Interest
₹7,55,00,000
14-Dec-11 : Interest
₹7,55,00,000
14-Dec-12 : Interest
₹7,55,00,000
14-Dec-13 : Interest
₹7,55,00,000
14-Dec-14 : Interest
₹7,55,00,000
14-Dec-15 : Interest
₹7,55,00,000
14-Dec-16 : Interest
₹7,55,00,000
14-Dec-17 : Interest
₹7,55,00,000
14-Dec-18 : Interest
₹7,55,00,000
14-Dec-19 : Interest
₹7,55,00,000
14-Dec-20 : Interest
₹7,55,00,000
14-Dec-21 : Interest
₹7,55,00,000
14-Dec-22 : Interest
₹7,55,00,000
14-Dec-23 : Interest
₹7,55,00,000
14-Dec-24 : Interest
₹7,55,00,000
14-Dec-25 : Interest
₹7,55,00,000
14-Dec-26 : Interest
₹7,55,00,000
14-Dec-27 : Interest
₹7,55,00,000
14-Dec-28 : Interest
₹7,55,00,000
14-Dec-29 : Interest
₹7,55,00,000
14-Dec-30 : Interest
₹7,55,00,000
14-Dec-31 : Interest
₹7,55,00,000
14-Dec-32 : Interest
₹7,55,00,000
14-Dec-33 : Interest
₹7,55,00,000
14-Dec-34 : Interest
₹7,55,00,000
14-Dec-35 : Interest
₹7,55,00,000
14-Dec-36 : Interest
₹7,55,00,000
14-Dec-37 : Interest
₹7,55,00,000
14-Dec-38 : Interest
₹7,55,00,000
14-Dec-39 : Interest
₹7,55,00,000
14-Dec-40 : Interest
₹7,55,00,000
14-Dec-41 : Interest
₹7,55,00,000
14-Dec-42 : Interest
₹7,55,00,000
14-Dec-43 : Interest
₹7,55,00,000
14-Dec-44 : Interest
₹7,55,00,000
14-Dec-45 : Interest
₹7,55,00,000
14-Dec-46 : Interest
₹7,55,00,000
14-Dec-47 : Interest
₹7,55,00,000
14-Dec-48 : Interest
₹7,55,00,000
14-Dec-49 : Interest
₹7,55,00,000
14-Dec-50 : Interest
₹7,55,00,000
14-Dec-51 : Interest
₹7,55,00,000
14-Dec-52 : Interest
₹7,55,00,000
14-Dec-53 : Interest
₹7,55,00,000
14-Dec-54 : Interest
₹7,55,00,000
14-Dec-55 : Interest
₹7,55,00,000
14-Dec-56 : Interest
₹7,55,00,000
14-Dec-57 : Interest
₹7,55,00,000
14-Dec-58 : Interest
₹7,55,00,000
14-Dec-59 : Interest
₹7,55,00,000
14-Dec-60 : Interest
₹7,55,00,000
14-Dec-61 : Interest
₹7,55,00,000
14-Dec-62 : Interest
₹7,55,00,000
14-Dec-63 : Interest
₹7,55,00,000
14-Dec-64 : Interest
₹7,55,00,000
14-Dec-65 : Interest
₹7,55,00,000
14-Dec-66 : Interest
₹7,55,00,000
14-Dec-67 : Interest
₹7,55,00,000
14-Dec-68 : Interest
₹7,55,00,000
14-Dec-69 : Interest
₹7,55,00,000
14-Dec-70 : Interest
₹7,55,00,000
14-Dec-71 : Interest
₹7,55,00,000
14-Dec-72 : Interest
₹7,55,00,000
14-Dec-73 : Interest
₹7,55,00,000
14-Dec-74 : Interest
₹7,55,00,000
14-Dec-75 : Interest
₹7,55,00,000
14-Dec-76 : Interest
₹7,55,00,000
14-Dec-77 : Interest
₹7,55,00,000
14-Dec-78 : Interest
₹7,55,00,000
14-Dec-79 : Interest
₹7,55,00,000
14-Dec-80 : Interest
₹7,55,00,000
14-Dec-81 : Interest
₹7,55,00,000
14-Dec-82 : Interest
₹7,55,00,000
14-Dec-83 : Interest
₹7,55,00,000
14-Dec-84 : Interest
₹7,55,00,000
14-Dec-85 : Interest
₹7,55,00,000
14-Dec-86 : Interest
₹7,55,00,000
14-Dec-87 : Interest
₹7,55,00,000
14-Dec-88 : Interest
₹7,55,00,000
14-Dec-89 : Interest
₹7,55,00,000
14-Dec-90 : Interest
₹7,55,00,000
14-Dec-91 : Interest
₹7,55,00,000
14-Dec-92 : Interest
₹7,55,00,000
14-Dec-93 : Interest
₹7,55,00,000
14-Dec-94 : Interest
₹7,55,00,000
14-Dec-95 : Interest
₹7,55,00,000
14-Dec-96 : Interest
₹7,55,00,000
14-Dec-97 : Interest
₹7,55,00,000
14-Dec-98 : Interest
₹7,55,00,000
14-Dec-99 : Interest
₹7,55,00,000
14-Dec-00 : Interest
₹7,55,00,000
14-Dec-01 : Interest
₹7,55,00,000
14-Dec-02 : Interest
₹7,55,00,000
14-Dec-03 : Interest
₹7,55,00,000
14-Dec-04 : Interest
₹7,55,00,000
14-Dec-05 : Interest
₹7,55,00,000
14-Dec-06 : Interest
₹7,55,00,000
14-Dec-07 : Interest
₹7,55,00,000
14-Dec-08 : Interest
₹7,55,00,000
14-Dec-09 : Interest
₹7,55,00,000
14-Dec-10 : Interest
₹7,55,00,000
14-Dec-11 : Interest
₹7,55,00,000
14-Dec-12 : Interest
₹7,55,00,000
14-Dec-13 : Interest
₹23,04,60,00,000
31-Dec-99 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹22,04,60,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.55%

Returns

Medium

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Public Sector Bank
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE062A08306 issued by State Bank Of India

The instrument name of INE062A08306 ISIN is STATE BANK OF INDIA SR III 7.55 BD PERPETUAL FVRS1CR.
The interest earned from INE062A08306 bond issued by State Bank Of India is paid Annually, ensuring regular and consistent income for investors.
This INE062A08306 bond issued by State Bank Of India has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 7.55%, which determines the periodic interest payments made to bondholders.
The INE062A08306 Bond is issued by State Bank Of India, a PSU company.
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