Bond India Trade Bank 3.875% ( US30216KAC62 ) in USD
| Issuer | India Trade Bank |
| Market price | |
| Country | India
|
| ISIN code |
US30216KAC62 ( in USD )
|
| Interest rate | 3.875% per year ( payment 2 times a year) |
| Maturity | 01/02/2028 |
|
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|
| Minimal amount | 200 000 USD |
| Total amount | 1 000 000 000 USD |
| Cusip | 30216KAC6 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | Baa3 ( Lower medium grade - Investment-grade ) |
| Next Coupon | 01/08/2026 ( In 129 days ) |
| Detailed description |
The Export-Import Bank of India (Exim Bank) is a specialized financial institution that provides financial assistance to Indian exporters and importers to promote international trade. An investment opportunity is presented by the Export-Import Bank of India (EXIM India), a premier financial institution of India dedicated to fostering the country's international trade and investment, through a USD-denominated bond (ISIN: US30216KAC62; CUSIP: 30216KAC6) currently trading at 100% of par, part of a $1,000,000,000 issuance, offering a 3.875% annual coupon rate payable semi-annually, with a maturity date of February 1, 2028, a minimum purchase size of $200,000, and an investment-grade credit rating of Baa3 from Moody's. |
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