8.73% Yes Bank Limited - A Rated (INE528G08402)

Yes Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE528G08402, with a face value of ₹10,00,000 rs on 22Feb18 to raise 3000 crores. The debt instrument is issued with a coupon rate of 8.73% 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 8.73% UNSECURED LISTED REDEEMBALE NON CONVERTIBLE BASEL III COMPLIANT TIER 2 BONDS IN THE NATURE OF DEBENTURES. DATE OF MATURITY 22/02/2028. 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 27Feb18. INDIA RATING AND RESEARCH PVT. LTD has given A rating to this Bond on 18Mar20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.