Instrument Details

ISIN: INE031A07840

Face value

₹1,000

Coupon rate

Variable Coupon

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

2518.3047

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

07 Mar 2012

Maturity Date

03 May 2027

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED 8.2/8.35 BD 05MR27 FVRS1000 LOA UPTO 31MY12
Housing And Urban Development Corporation Limited, a Financial Institution company, has floated Bond, having ISIN value as INE031A07840, with a face value of ₹1,000 rs on 07Mar12 to raise 2518.3047 crores. The debt instrument is issued with a coupon rate of 8.20%p.a.for Category I & II,8.35% p.a.for cat-III and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Unsecured Bond is 8.20% p.a. for category I & II and 8.35% p.a. for category III Tax free bonds in the nature of Secured Non Convertible Debentures.Letter of allotment.Tranch 1, Series- 2 Date Maturity: 05/03/2027. This instrument is issued in Bonus mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 20Mar12 & on BSE stock exchange on 20Mar12. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 09Oct14. This issuer is formerly known as HOUSING AND URBAN DEVELOPMENT FINANCE CORPORATION PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
16 May 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Financial Institution
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE031A07840 issued by Housing And Urban Development Corporation Limited

The instrument name of INE031A07840 ISIN is HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED 8.2/8.35 BD 05MR27 FVRS1000 LOA UPTO 31MY12.
The interest earned from INE031A07840 bond issued by Housing And Urban Development Corporation Limited is paid Annually, ensuring regular and consistent income for investors.
This INE031A07840 bond issued by Housing And Urban Development Corporation Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE031A07840 bond issued by Housing And Urban Development Corporation Limited is 8.20%p.a.for Category I & II,8.35% p.a.for cat-III.
The INE031A07840 Bond is issued by Housing And Urban Development Corporation Limited, a PSU company.