HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR-1B TRCH-III 8.54 LOA 24MR24 FVRS1000
Housing And Urban Development Corporation Limited
, a Financial Institution company, has floated Bond,
having ISIN value as INE031A07AF3, with a face value of ₹1,000 rs on 24Mar14 to raise 47.3644 crores. The debt instrument
is issued with a coupon rate of 8.54% (REFER REMARKS) 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 Secured
Bond is 8.54% (FOR CATEGORY IV i.e. RIIs. IF ON RECORD DATE BONDS HELD BY RII ELSE 8.29% p.a.) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE III. SERIES 1B. LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2024. This instrument is issued in Public Issue mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on BSE stock
exchange on 28Mar14. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Bond on 14Aug13. 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.