HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR-1A 8.14 BD 25OT23 FVRS1000 LOA UPTO 14JN14
Housing And Urban Development Corporation Limited
, a Financial Institution company, has floated Bond,
having ISIN value as INE031A07907, with a face value of ₹1,000 rs on 25Oct13 to raise 269.5819 crores. The debt instrument
is issued with a coupon rate of 8.14% p.a. FOR CATEGORY I, II & III i.e. NON-RIIs 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 8.14% FOR CATEGORY I, II & III i.e. NON-RIIs SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE I. SERIES 1A. LETTER OF ALLOTMENT. DATE OF MATURITY 25/10/2023. This instrument is issued in Bonus mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on BSE stock
exchange on 29Oct13. 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.