7.42% Icici Bank Limited - AAA Rated (INE090A08UI9)

Icici Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE090A08UI9, with a face value of ₹10,00,000 rs on 15Sep22 to raise 2100 crores. The debt instrument is issued with a coupon rate of 7.42% 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 7.42% UNSECURED RATED LISTED SENIOR REDEEMABLE LONG TERM NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES DSP22LB, DATE OF MATURITY 15/09/2029.. 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 19Sep22. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 05Sep22. 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.