Indian Oil Corporation Limited 7.79% 2032 Bond

ISININE242A08528

INDIAN OIL CORPORATION LIMITED SR XXIII 7.79 NCD 12AP32 FVRS10LAC

Indian Oil Corporation Limited is a public-sector (PSU) issuer in the Refineries & Marketing sector. This directory lists 7 of its bonds.

Key terms

Issue date
17 Jun 2022
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (non-EBP)
Series
SERIES XXIII
Sector
Refineries & Marketing
Issuer type
PSU

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings AAA / StableCRISIL AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AAA/Stable;CRISIL AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 7.78% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 12 Apr 2032; final payment ₹10,77,900 per bond.

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