7.85% Union Bank of India 2037
About Issuer
Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds�83.50�percent in Bank�s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. Recently, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India with effect from 01.04.2020.Overview
ISIN
INE692A08219
Minimum Investment
1000000
Coupon
7.85%
YTM
7.6%
Payment Term
ANNUALLY
Face Value
1000000
Taxable
YES
Perpetual
NO
Maturity Date
29/11/37
2037-11-29
Remaining Period
Issue Date
29/11/22
Interest Payment Date
29 Nov
Credit Rating
Debit Quality
Security
This Bond is Unsecured
Seniority
Subordinate Tier 2
