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Punjab & Sind Bank 8.67% 2029 Bond

ISININE608A08041

PUNJAB & SIND BANK SERIES XVI 8.67 LOA 03DC29 FVRS10LAC

Punjab & Sind Bank is a listed issuer in the Public Sector Bank sector. This directory lists 4 of its bonds.

Key terms

Issue date
4 Nov 2019
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES XVI
Sector
Public Sector Bank

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

What the rating means

CARE AA / StableCRISIL AA / Stable

AAmost 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.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CARE AA/Stable;CRISIL AA/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 8.64% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

11 scheduled payments through 3 Dec 2029; final payment ₹10,86,700 per bond.

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