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Union Bank of India 7.19% 2031 Bond

ISININE692A08144

UNION BANK OF INDIA SR XXX 7.19 BD 24JU31 FVRS10LAC

Union Bank of India is a corporate (non-PSU) issuer in the Public Sector Bank sector. This directory lists 14 of its bonds.

Key terms

Issue date
24 Jun 2021
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES XXX
Sector
Public Sector Bank
Issuer type
Corporate
Issuer nature
Bank

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

What the rating means

India Ratings AAA / StableICRA 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;ICRA 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 7.19% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 24 Jun 2031; final payment ₹10,71,900 per bond.

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