Punjab & Sind Bank has disclosed details of its outstanding bonds, amounting to a total of ₹4,237.30 crore as of 31 March 2026. The bank provided this information in compliance with the SEBI Operational Circular dated 10 August 2021, updated on 7 July 2023.
The bank’s outstanding bonds are spread across four different ISINs. The first ISIN, INE608A08017, was issued on 19 October 2016 and is set to mature on 19 October 2026. This bond has a coupon rate of 7.99% with an annual payment frequency, and the entire ₹500 crore issued remains outstanding.
The second ISIN, INE608A08033, was issued on 27 June 2019 and will mature on 26 October 2029. This bond carries a higher coupon rate of 9.50%, also with annual payments, and has an outstanding amount of ₹237.30 crore, which is the full amount issued.
Another bond, under ISIN INE608A08041, was issued on 4 November 2019 and is due to mature on 3 December 2029. It has a coupon rate of 8.67% with annual payment terms, and the total issued amount of ₹500 crore remains outstanding.
The largest issuance is under ISIN INE608A08058, issued on 20 December 2024, with a maturity date of 20 December 2034. This bond has a coupon rate of 7.74% and an annual payment frequency. The entire ₹3,000 crore issued is still outstanding.
The bank has confirmed that none of these bonds include any embedded options.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Yash Agarwal and reviewed by Aditya Bhagchandani before publication.