6.27% Bharat Petroleum Corporation Ltd. - AAA Rated (INE322J08040)

Bharat Petroleum Corporation Ltd., a Refineries & Marketing company, has floated Debenture, having ISIN value as INE322J08040, with a face value of ₹10,00,000 rs on 26Oct21 to raise 1000 crores. The debt instrument is issued with a coupon rate of 6.27% 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 6.27% UNSECURED RATED LISTED REDEEMABLE NON CUMULATIVE TAXABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 26/10/2026. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 28Oct21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 12Oct21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.