Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
P

Punjab National Bank 8.40% Perpetual NCD (INE160A08209)

India Ratings AA+ / Stable Unsecured NCD

Punjab National Bank

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

30 more bonds from Punjab National Bank →
Current YTM
—
No market YTM available
Coupon Rate
8.40%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Key Metrics

Coupon Rate
8.40%
YTM (Annual)
—
Credit Rating
AA+
(India Ratings) · rated 31 Dec 2021, 4 years ago
Over 15 months old; see below
Remaining Tenure
Perpetual

AA+ (India Ratings): Rated 31 Dec 2021 (4 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹2,000 Cr
Minimum Investment
₹1,00,00,000
1 bond × ₹1,00,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
9 Dec 2021
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Punjab National Bank issued Punjab National Bank 8.40% Perpetual NCD, an unsecured, rated NCD. It pays an 8.40% p.a. coupon, annually. It has no fixed maturity date.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Punjab National Bank An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings 2021-12-31
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE160A08209
Issue Date
9 Dec 2021
Maturity Date
Perpetual — no fixed maturity
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

Frequently Asked Questions
What is the coupon rate on Punjab National Bank 8.40% Perpetual NCD?

Punjab National Bank 8.40% Perpetual NCD carries a coupon of 8.40%, paid annual, on a face value of ₹1,00,00,000.

When does Punjab National Bank 8.40% Perpetual NCD mature?

Punjab National Bank 8.40% Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date.

What is Punjab National Bank 8.40% Perpetual NCD rated?

Punjab National Bank 8.40% Perpetual NCD is rated AA+ by India Ratings (rating dated 31 Dec 2021).

Is Punjab National Bank 8.40% Perpetual NCD secured?

Punjab National Bank 8.40% Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Punjab National Bank 8.40% Perpetual NCD trade?

Punjab National Bank 8.40% Perpetual NCD is listed on BSE.

More Bonds from This Issuer

P
Punjab National Bank 9.00% Aug 2027 NCD
INE695A08030
Coupon
9.00%
Maturity
23 Aug 2027
P
Punjab National Bank 10.50% Sep 2027 NCD
INE695A08048
AA- NSDL record, 2017
Coupon
10.50%
Maturity
27 Sep 2027
P
Punjab National Bank 9.05% Nov 2027 NCD
INE695A08063
AA- NSDL record, 2017
Coupon
9.05%
Maturity
10 Nov 2027
P
Punjab National Bank 8.15% Dec 2029 NCD
INE160A08142
AA+
Coupon
8.15%
Maturity
26 Dec 2029
Compare (/) Compare Bonds

← Back to screener