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Instrument Details

ISIN: INE688I08038

Face value

₹10,00,000

Coupon rate

RESET RATE (REFER REMARKS)

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

95.7

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

08 Mar 2013

Maturity Date

31 Dec 9999

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Perpetual

Guarantee Type

Non Convertible

About this Bond

IDFC FIRST BANK LIMITED SR-1 RR NCD PERPETUAL FVRS10LAC
Idfc First Bank Limited, a Private Sector Bank company, has floated Debenture, having ISIN value as INE688I08038, with a face value of ₹10,00,000 rs on 08Mar13 to raise 95.7 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 Debenture is RESET RATE UNSECURED NON CONVERTIBLE PERPETUAL DEBENTURES (TIER I). SERIES 1.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 22Feb19 & on NSE stock exchange on 22Feb19. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 08Mar13. This issuer is formerly known as IDFC BANK LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Perpetual
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE (REFER REMARKS)

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

Perpetual

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Private Sector Bank
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE688I08038 issued by Idfc First Bank Limited

The instrument name of INE688I08038 ISIN is IDFC FIRST BANK LIMITED SR-1 RR NCD PERPETUAL FVRS10LAC.
The interest earned from INE688I08038 bond issued by Idfc First Bank Limited is paid Annually, ensuring regular and consistent income for investors.
This INE688I08038 bond issued by Idfc First Bank Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE688I08038 bond issued by Idfc First Bank Limited is RESET RATE (REFER REMARKS).
The INE688I08038 Debenture is issued by Idfc First Bank Limited, a Private Sector company.
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