The Karnataka Bank Limited 10.7% 2032 Bond

ISININE614B08054

THE KARNATAKA BANK LIMITED SR VII 10.70 BD 30MR32 FVRS1CR

The Karnataka Bank Limited is a public-sector (PSU) issuer in the Finance sector. This directory lists 1 of its bond.

Key terms

Issue date
30 Mar 2022
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement (EBP)
Series
SERIES VII
Sector
Finance
Issuer type
PSU
Issuer nature
Bank

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

What the rating means

ICRA A+ / StableCARE A+ / Stable

A+most 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.

A-grade bonds are judged to have adequate-to-strong repayment capacity, but they are somewhat more exposed to adverse business or economic conditions than higher-rated bonds. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ICRA A+/Stable;CARE A+/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 10.67% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 30 Mar 2032; final payment ₹1,10,70,000 per bond.

Loading the calculator…

Available on Grip

Want to invest? These bonds are available on Grip

This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.