ICICI Bank 2007 Annual Report Download - page 98

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F28
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 2 Option 1 July 17, 2006 9.50% Annual115 years210,000.0
Total (Upper Tier II) 10,000.0
1. Coupon rate of 9.50% for first 10 years. For next 5 years, 50 basis points over and above coupon rate of 9.50%
i.e. 10.00%, if the call option is not exercised by the Bank.
2. Call option after 10 years, i.e. on July 17, 2016 (exercisable with RBI approval).
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 1 Option 1 July 11, 2006 9.00% Annual 10 years 20,000.0
Total (Tier II) 20,000.0
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 5 Option 1 June 22, 2006 8.95% Annual115 years22,552.0
Total (Upper Tier II) 2,552.0
1. Coupon rate of 8.95% for first 10 years. For next 5 years, 50 basis points over and above coupon rate of 8.95%
i.e. 9.45%, if the call option is not exercised by the Bank.
2. Call option after 10 years, i.e. on June 22, 2016 (exercisable with RBI approval).
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 4 Option 1
Tranche 4 Option 2
Tranche 4 Option 3
May 19, 2006
May 19, 2006
May 19, 2006
8.50% Annual
8.60% Annual
8.40% Annual
10 years
12 years
5 years and 11 months
230.0
140.0
350.0
Total (Tier II) 720.0
b) During the year ended March 31, 2006, the Bank raised subordinated debt amounting to Rs. 39,730.0 million through
private placements of bonds. The details of these bonds are given below.
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 3 Option I
Tranche 2 Option I
Tranche 1 Option I
March 31, 2006
March 25, 2006
March 14, 2006
8.83% Annual
8.80% Annual
8.55% Annual
10 years and 15 days
9 years 11 months and
19 days
10 years and 1 month
2,500.0
20,000.0
2,500.0
Total (Tier II) 25,000.0
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Option I
Option II February 14, 2006
February 14, 2006 8.15% Annual
8.25% Annual 10 years
15 years 1,190.0
370.0
Total (Tier II) 1,560.0
forming part of the Accounts (Contd.)
schedules