7.89% BANK OF MAHARARASHTRA 2034

About Issuer

Bank of Maharashtra is a central public sector undertaking. It is under the ownership of the Ministry of Finance, Government of India. The bank had 29 million customers across the country with 2022 branches as of Mar 2022. It has the largest network of branches of any nationalised bank in the state of Maharashtra.
Overview

ISIN

INE457A08167

Minimum Investment

10000000

Coupon

7.89%

YTM

7.9%

Payment Term

ANNUAL

Face Value

10000000

Taxable

YES

Perpetual

NO

Maturity Date

04/07/34

Remaining Period

Issue Date

04/07/24

Interest Payment Date

04 Jul

Credit Rating

Debit Quality

Security

This Bond is Unsecured

Seniority

Subordinate Tier 2

Indicative Cashflow
Cash Flow

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