HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED E 2020 5.35 BD 11AP25 FVRS10LAC LOAUPTO03AG20
Housing And Urban Development Corporation Limited
, a Financial Institution company, has floated Bond,
having ISIN value as INE031A08814, with a face value of ₹10,00,000 rs on 04Aug20 to raise 800 crores. The debt instrument
is issued with a coupon rate of 5.35% 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 Unsecured
Bond is 5.35% UNSECURED SENIOR LISTED RATED PRIVATE PLACEMENT REDEEMABLE NON CONVERTIBLE NON CUMULATIVE TAXABLE BONDS IN THE NATURE OF DEBENTURE. HUDCO TAXABLE BONDS SERIES-E 2020. LETTER OF ALLOTMENT. DATE OF MATURITY 11/04/2025. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on BSE stock
exchange on 10Aug20. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Bond on 03Apr20. 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.