Bob Sr 3 Opt 2
ACTIVE
ISIN: INE028A08166
Issuer Details
Issuer Name
BOB SR 3 OPT-2
Type of Issuer
Non PSU
Sector
-
Coupon Rate
7.75%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
-
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
7.75% UNSECURED RATED LISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
500
Category of Instrument
-
Allotment Date
11-09-2019
Redemption Date
11-09-2034
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 2
Credit Rating Details
Sr No.
Rating Agency Name
Credit Rating
Outlook
Rating Date
1
INDIA RATING AND RESEARCH PVT. LTD
AAA
Stable
06-09-2019
1
CARE RATINGS LIMITED
AAA
Stable
11-09-2019
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About Bob Sr 3 Opt 2 bond with ISIN: INE028A08166
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE028A08166, represents a significant financial instrument. Issued by BOB SR 3 OPT-2, it comes with the following description: "7.75% UNSECURED RATED LISTED NON CONVERTIBLE REDEEMABLE BASEL III TIER II BONDS -SERIES XXII MATURITY DATE 11/09/2034.". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, BOB SR 3 OPT-2, classified as N/A, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) N/A further bolster its credibility. With a coupon rate of 7.75%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 500. It was allotted on 9/11/2019 and is scheduled for redemption on 9/11/2034. Categorized under "-" and defined as Unsecured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of AAA as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of AAA is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: No specific asset cover description available. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, INDIA RATING AND RESEARCH PVT. LTD_08-11-2024, CARE RATINGS LIMITED_02-09-2024, CARE RATINGS LIMITED_04-09-2023, CARE RATINGS LIMITED_06-09-2022, INDIA RATING AND RESEARCH PVT. LTD_13-08-2024, INDIA RATING AND RESEARCH PVT. LTD_29-02-2024, INDIA RATING AND RESEARCH PVT. LTD_13-12-2023, INDIA RATING AND RESEARCH PVT. LTD_10-11-2023, INDIA RATING AND RESEARCH PVT. LTD_03-11-2023, INDIA RATING AND RESEARCH PVT. LTD_23-08-2023, INDIA RATING AND RESEARCH PVT. LTD_24-08-2022, INDIA RATING AND RESEARCH PVT. LTD_03-08-2022. These documents serve as a reference for additional details and provide transparency to interested parties. No similar bonds are listed at this time. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.