7.60% Icici Bank Limited (INE090A08TU6)

Icici Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE090A08TU6, with a face value of ₹10,00,000 rs on 07Oct16 to raise 4000 crores. The debt instrument is issued with a coupon rate of 7.60% 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 7.60% SENIOR UNSECURED REDEEMABLE NON-CONVERTIBLE LONG TERM BONDS IN THE NATURE OF DEBENTURES. SERIES DOT16LB. DATE OF MATURITY 07/10/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 13Oct16 & on BSE stock exchange on 13Oct16. CARE Ratings Limited has given WITHDRAWN rating to this Bond on 07Oct16. This issuer is formerly known as ICICI LTD. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.