Security Name: 8.70% IDFC First Bank Limited 01 Dec 2032
ISIN:
INE092T08EZ3
Taxable
Tax Category
01 Dec, 2027
Call Date
(2 Yr 6 Mo 28 D to call)
Yearly
Interest Payment Frequency
No
NRI Eligibility
01 Dec, 2022
Allotment Date
NA
Put Date
01 Dec, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
8.7%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
16 Nov, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
IDFC First Bank Limited
IDFC FIRST came into effect on December 18, 2018, after the merger of IDFC Bank Ltd (IDFC Bank) and Capital First Ltd (CFL). IDFC Bank was initially established as IDFC Ltd in 1994 to facilitate infrastructure finance in the country. In 2014, IDFC Ltd got a banking license from the RBI and IDFC Bank launched operations on October 1, 2015. Post the conversion to bank, all the lending business of IDFC Ltd was transferred to IDFC Bank. It had a network of 641 branches as on March 31, 2022.
The ratio in FY24 is 3.03x and it was 4.57x in FY23, indicating decrease in debt levels due to decrease in the borrowings of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 1.21x and it was 1.24x in FY23, indicating decrease in the debt servicing ability of the due to increase in Interest on borrowings from Reserve Bank of India / inter-bank borrowings.
Interest coverage ratio
Recent News
IDFC First Bank's Q2 Loan And Advances Grow 21.3% To Rs 2.22 Lakh Crore
Sep 30, 2024 | IDFC First Bank Limited
IDFC First Bank-IDFC merger: Passive inflows worth $39 million likely, says Nuvama
Oct 14, 2024 | IDFC First Bank Limited
IDFC FIRST Bank launches FIRST EA₹N RuPay credit card
Jan 20, 2025 | IDFC First Bank Limited
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To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE092T08EZ3 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 8.70% IDFC First Bank Limited 01 Dec 2032 |
| Credit Rating |
|---|
| AA + /Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,00,000 |
| Coupon |
|---|
| 8.700000% |
| YTM or YTC |
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| YTC |
| Call Date |
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| 01/12/2027 |
| Security |
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| Unsecured Subordinated Tier 2 |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: 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.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
