6.35% Export Import Bank Of India - AAA Rated (INE514E08FT8)

Export Import Bank Of India, a Financial Institution company, has floated Bond, having ISIN value as INE514E08FT8, with a face value of ₹10,00,000 rs on 18Feb20 to raise 990 crores. The debt instrument is issued with a coupon rate of 6.35% 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 6.35% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES V 01. DATE OF MATURITY 18/02/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 04Mar20 & on NSE stock exchange on 04Mar20. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 12Feb20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.