7.75% BANK OF MAHARASHTRA 2030
Issuer's Type
PSU
About Issuer:
Maharashtra has a long history of commercial activity since ages because of its strategic location in India sub-continent and its large natural resources. Maharashtra has been progressive region and the banking activity was also started in this region qui
Issuer's Link
https://www.bankofmaharashtra.in/about_us
Issuer's Financial Link
A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)
Issuer
BANK OF MAHARASHTRA
Issuer Type
PSU
Face Value
1,000,000.00
Coupon Rate
7.75% (Fix)
Issue Date
13/Dec/2020
Maturity Date
14/Dec/2030
Issue Size (in Crores)
201.00
Tax Free
Yes
TDS on Interest
Yes
Call Option
N.A
Put Option
N.A
Govt. Guarantee
Yes
Security
Unsecured
Name of Debenture Trustee
Catalyst Trusteeship Limited
Remarks
Yield is calculated up to call date i.e. YTC (Yield to Call). Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.
Issuer
BANK OF MAHARASHTRA
Principal Amount
1,000,000.00
Yield (YTM)
7.75%
Maturity Date
14-12-2030
Settlement Amount
1,077,500.00
ISIN No.
INE457A08068