Bond Directory / BAJAJ FINANCE LIMITED

BAJAJ FINANCE LIMITED

ACTIVE

7.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 25/08/2027.

ISIN

INE296A07SC1

Copied

Essentials

Coupon Rate (Returns)

7.60%

Rating

AAA  CRISIL RATINGS LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

3 years 2 months

Aug 25, 2027

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

920 Crores

Issue Price

₹10,41,076

Security class

Debentures

Listing details

BSE

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Private Placement (EBP)

Issuer Details

BAJAJ FINANCE LIMITED

Business Sector

165

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

*Rating Agency - CRISIL RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AAA

(Aug 11, 2022)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

4

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

You may also like...

Hdb Financial Services Limited

Coupon

8.3333%

Maturity

Aug 2027

Rating

CARE  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.2300%

Price

₹ 1,00,605.20

Aditya Birla Finance Limited

Coupon

8.3300%

Maturity

May 2027

Rating

ICRA  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.2000%

Price

₹ 1,02,444.56

Mahindra And Mahindra Financial Services Limited

Coupon

8.2500%

Maturity

Mar 2027

Rating

CRISIL  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1700%

Price

₹ 1,03,356.76

Axis Finance Limited

Coupon

8.2900%

Maturity

Aug 2027

Rating

CARE  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1500%

Price

₹ 1,01,810.96

India Grid Trust

Coupon

8.2000%

Maturity

May 2031

Rating

Ind-Ra  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1200%

Price

₹ 1,013.69

Lic Housing Finance Ltd

Coupon

7.8200%

Maturity

Nov 2032

Rating

CRISIL  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

7.6800%

Price

₹ 10,53,318.16

National Bank For Agriculture And Rural Development

Coupon

7.5800%

Maturity

Jul 2026

Rating

Ind-Ra  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.5640%

Price

₹ 1,06,730.87

Rural Electrification Corporation Limited

Coupon

7.5600%

Maturity

Jun 2026

Rating

CRISIL  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.5639%

Price

₹ 99,793.44