7.47% Icici Bank Limited - AAA Rated (INE090A08TY8)

Icici Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE090A08TY8, with a face value of ₹10,00,000 rs on 27Jun17 to raise 4000 crores. The debt instrument is issued with a coupon rate of 7.47% 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 7.47% UNSECURED SENIOR REDEEMABLE LONG TERM BONDS IN THE NATURE OF DEBENTURES. SERIES DJU17L2. DATE OF MATURITY 25/06/2027. 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 31Jul17 & on NSE stock exchange on 06Jul17. CARE Ratings Limited has given AAA rating to this Bond on 27Jun17. 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.