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Punjab National Bank 8.47% Perpetual NCD (INE160A08308)

ICRA AA+ · NSDL record, 2024 Unsecured NCD

Punjab National Bank

Unsecured, Taxable, Redeemable NCD

30 more bonds from Punjab National Bank →
Current YTM
8.40%
Market YTM to maturity
Coupon Rate
8.47%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,00,000
Per Bond

Market Position

YTM (Annual)
8.40%
Last traded 29 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
2 Jul 202629 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Key Metrics

Coupon Rate
8.47%
YTM (Annual)
8.40%
Credit Rating
AA+
Rating on NSDL record (ICRA, 2024)
Not a current agency rating; see below
Remaining Tenure
Perpetual

AA+ (ICRA): Rating on NSDL record (ICRA, 2024), dated 28 Feb 2024. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹1,859 Cr
Face Value
₹1,00,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
29 Oct 2026
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
Callable

Observations

  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
22 Mar 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

Punjab National Bank issued Punjab National Bank 8.47% Perpetual NCD, an unsecured NCD. It pays an 8.47% 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.

Recent Market Prices

Recent BSE trades for INE160A08308: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-29 100.0431 8.4000 2
2026-09-21 100.6974 8.1125 3
2026-09-15 101.0436 8.0500 2
2026-09-08 101.5400 7.6500 2
2026-09-07 101.3900 7.7000 3
2026-09-04 100.9375 8.1447 3
2026-09-03 100.8765 8.0867 3
2026-09-02 100.4964 8.2000 1
2026-08-31 100.4978 8.2000 4
2026-07-02 101.1000 7.9700 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2024-02-28
Rating Actions History 0 — —
Secondary-Market Trades 10 NSE OTC (WAP) 2026-10-29
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
16 Jul 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)
₹1,00,04,310.00
YTM8.40%
Trade Date 29 Oct 2026 10d ago
SourceNSE OTC (WAP)
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE160A08308
Issue Date
22 Mar 2024
Maturity Date
Perpetual — no fixed maturity
Listing
—
Payment Frequency
Annual
Put / Call Option
Call
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Punjab National Bank 8.47% Perpetual NCD?

Punjab National Bank 8.47% Perpetual NCD carries a coupon of 8.47%, paid annual, on a face value of ₹1,00,00,000.

When does Punjab National Bank 8.47% Perpetual NCD mature?

Punjab National Bank 8.47% Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is Punjab National Bank 8.47% Perpetual NCD rated?

No current rating from an agency or exchange is on file for Punjab National Bank 8.47% Perpetual NCD. NSDL's debt master records a rating of AA+ by ICRA, dated 28 Feb 2024, often from the time of issue, so it may be out of date.

Is Punjab National Bank 8.47% Perpetual NCD secured?

Punjab National Bank 8.47% Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Punjab National Bank 8.47% Perpetual NCD be called or put back early?

Punjab National Bank 8.47% Perpetual NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does Punjab National Bank 8.47% Perpetual NCD currently offer?

The last recorded trade on 29 Oct 2026 priced Punjab National Bank 8.47% Perpetual NCD at ₹1,00,04,310.00 per bond, implying a yield to maturity of 8.40%.

More Bonds from This Issuer

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Punjab National Bank 9.00% Aug 2027 NCD
INE695A08030
Coupon
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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
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