9.68% Punjab National Bank 2024

About Issuer

Punjab National Bank (PNB), India's first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore, with an authorized capital of Rs. 2 Lakh and working capital of Rs. 20,000. The Bank was established by the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 9 banks have been merged/ amalgamated with PNB.
Overview

ISIN

INE160A08035

Minimum Investment

Coupon

9.68%

YTM

%

Payment Term

ANNUALLY

Face Value

10,00,000.00

Taxable

YES

Perpetual

NO

Maturity Date

04/03/24

Remaining Period

Issue Date

04/03/14

Interest Payment Date

03 Apr

Credit Rating

Debit Quality

Security

This Bond is Unsecured

Seniority

Subordinate Tier 2

Indicative Cashflow
Cash Flow

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