Instrument Details

ISIN: INE001A07SU7

Face value

₹10,00,000

Coupon rate

4.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

5000

Instrument Type

Debenture

Returns

Medium

Date of Issue

14 Dec 2020

Maturity Date

14 Dec 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

HOUSING DEVELOPMENT FINANCE CORPORATION LTD SR Y-003 4.50 NCD 14DC22 FVRS10LAC
Housing Development Finance Corporation Ltd, a Housing Finance Company company, has floated Debenture, having ISIN value as INE001A07SU7, with a face value of ₹10,00,000 rs on 14Dec20 to raise 5000 crores. The debt instrument is issued with a coupon rate of 4.50% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 4.50% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES Y-003. DATE OF MATURITY 14/12/2022.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Dec20 & on NSE stock exchange on 16Dec20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 25Nov20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
14-Dec-20 : Your investment
₹45,00,000
14-Dec-21 : Interest
₹45,00,000
14-Dec-22 : Interest
₹10,90,00,000
14-Dec-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹90,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

4.50%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE001A07SU7 issued by Housing Development Finance Corporation Ltd

The instrument name of INE001A07SU7 ISIN is HOUSING DEVELOPMENT FINANCE CORPORATION LTD SR Y-003 4.50 NCD 14DC22 FVRS10LAC.
The interest earned from INE001A07SU7 bond issued by Housing Development Finance Corporation Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE001A07SU7 bond issued by Housing Development Finance Corporation Ltd has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 4.5%, which determines the periodic interest payments made to bondholders.
The INE001A07SU7 Debenture is issued by Housing Development Finance Corporation Ltd, a Private Sector company.