10.50% Yes Bank Limited - BB Rated (INE528G08261)

Yes Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE528G08261, with a face value of ₹10,00,000 rs on 31Dec13 to raise 280 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.50% UNSECURED NON CONVERTIBLE PERPETUAL ADDITIONAL TIER 1 BASEL-III COMPLIANT BOND IN NATURE OF DEBENTURES. SERIES I.. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is listed on BSE stock exchange on 14Jan14. ICRA LIMITED has given BB+ rating to this Bond on 19Jul24. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.