7.10% Export Import Bank Of India - AAA Rated (INE514E08GA6)

Export Import Bank Of India, a Financial Institution company, has floated Bond, having ISIN value as INE514E08GA6, with a face value of ₹10,00,000 rs on 10Aug22 to raise 2000 crores. The debt instrument is issued with a coupon rate of 7.10% 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 7.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN THE NATURE OF DEBENTURE. SERIES Y03. DATE OF MATURITY 18/03/2026.. 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 11Aug22. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 22Jul22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.