facebook

Bond Directory / IDFC FIRST BANK LIMITED

IDFC FIRST BANK LIMITED

ACTIVE

9.75% UNSECURED REDEEMABLE NON CONVERTIBLE PERPETUAL DEBENTURES. SERIES 6.

ISIN

INE688I08152

Copied

Essentials

Coupon Rate (Returns)

9.75%

Rating

AA  CARE Ratings Limited

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

Perpetual

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call Available

Put option exercised at

Data Not Available

Issue Details

Issue Size

50 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

NSE & BSE

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LIMITED

Issue

Private

Issuer Details

IDFC FIRST BANK LIMITED

Business Sector

Finance

Issuer Nature type

Bank

Issuer Ownership

Non PSU

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -CARE Ratings Limited

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - CARE Ratings Limited

Get advanced,
in-depth information

We work hard to collect detailed information about the bonds to help you make informed decision. This is high quality data which is approved by SEBI and exchanges.

We work hard to collect detailed information about the bonds to help you make informed decision. This is high quality data which is approved by SEBI and exchanges.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA

(Oct 11, 2019)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Stable

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

Rating Watch

Not Applicable

Not Applicable

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

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.

1

Personal Details

Fill out your details

2

Call with Bond Manager

Our bond manager will call you to explain the process

3

KYC & Payment

Complete KYC and make purchase

4

Delivery

Bond is yours!

Documents required for KYC

PAN Card

Bank accounts details

Proof of address

Demat details

Photo

How Can I exit this investment?

There are various ways to exit any Bond investments

At Maturity

The Issuer will return your principal and redeem the bond

Sell your bond anytime

You can sell your bond anytime you want. We will help you find a suitable buyer

Have a cashflow issue & need money ?

DON'T sell your bond as you can always get an easy loan against your bond holdings. We can also help you to get one!