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Instrument Details

ISIN: INE134E07109

Face value

₹5,000

Coupon rate

8.50% (Compounded annually)

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

6.516

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

31 Mar 2011

Maturity Date

31 Mar 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

POWER FINANCE CORPORATION LTD. SR-IV 8.5 BD 31MR26 FVRS5000
Power Finance Corporation Ltd., a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE134E07109, with a face value of ₹5,000 rs on 31Mar11 to raise 6.516 crores. The debt instrument is issued with a coupon rate of 8.50% (Compounded annually) 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 Secured Bond is 8.50% (compounded annually) Secured Non-Convertible Long Term Infrastructure Bond u/s 80CCF of IT act. Series- IV. Date of Maturity 31/03/2026. This instrument is issued in Public Issue mode. It has Compounding coupon type with Partial Redemption By Quantity option. The Bond is listed on BSE stock exchange on 13Apr11. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 01Dec13. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

8.50% (Compounded annually)

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU
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Rating

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Rated ★ 4.3+ on

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FAQs about INE134E07109 issued by Power Finance Corporation Ltd.

The instrument name of INE134E07109 ISIN is POWER FINANCE CORPORATION LTD. SR-IV 8.5 BD 31MR26 FVRS5000.
The interest earned from INE134E07109 bond issued by Power Finance Corporation Ltd. is paid Annually, ensuring regular and consistent income for investors.
This INE134E07109 bond issued by Power Finance Corporation Ltd. has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE134E07109 bond issued by Power Finance Corporation Ltd. is 8.50% (Compounded annually).
The INE134E07109 Bond is issued by Power Finance Corporation Ltd., a PSU company.
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