7.39% Bank Of Baroda - AAA Rated (INE028A08281)

Bank Of Baroda, a Public Sector Bank company, has floated Bond, having ISIN value as INE028A08281, with a face value of ₹10,00,000 rs on 17Aug22 to raise 1000 crores. The debt instrument is issued with a coupon rate of 7.39% 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 Bond is 7.39% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES I . DATE OF MATURITY 17/08/2029.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 19Aug22 & on BSE stock exchange on 19Aug22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 03Aug22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.