Indian Oil Corporation Ltd. (IOC), founded in 1959 and headquartered in New Delhi, India, is a leading state-owned oil and gas company that plays a pivotal role in the country’s energy sector. The company is primarily engaged in refining, pipeline transportation, and marketing of petroleum products, alongside a growing presence in the renewable energy sectors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| IOCLIN 5.40% 2025-04-11 INRIndian Oil Corp. Ltd. | India | 2025-04-11 | 5.400 | 0.00 |
| IOCLIN 5.50% 2025-10-20 INRIndian Oil Corp. Ltd. | India | 2025-10-20 | 5.500 | 0.00 |
| IOCLIN 5.50% 2025-10-20 INRIndian Oil Corp. Ltd. | India | 2025-10-20 | 5.500 | 0.00 |
| IOCLIN 6.14% 2027-02-18 INRIndian Oil Corp. Ltd. | India | 2027-02-18 | 6.140 | 7.19 |
| IOCLIN 7.14% 2027-09-06 INRIndian Oil Corp. Ltd. | India | 2027-09-06 | 7.140 | 7.32 |
| IOCLIN 7.41% 2029-10-22 INRIndian Oil Corp. Ltd. | India | 2029-10-22 | 7.410 | 7.15 |
| IOCLIN 7.79% 2032-04-12 INRIndian Oil Corp. Ltd. | India | 2032-04-12 | 7.790 | 6.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, IOC has been an active participant in the bond market, notably issuing its first bonds in the early 1990s to support capital expansion. In recent years, the corporation has raised significant funds through bond issuances, such as the ₹10,000 crore (approximately $1.4 billion) issuance in 2021 earmarked for infrastructure development. Currently, IOC’s bonds yield comparably higher than the industry average, reflecting investor confidence despite market fluctuations. The company's bonds are typically characterized by attractive features like callable options, enhancing their appeal to investors amid changing interest rates.