Instrument Details

ISIN: INE031A08822

Face value

₹10,00,000

Coupon rate

4.78%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

940

Instrument Type

Bond

Returns

Medium

Date of Issue

28 Dec 2020

Maturity Date

28 Feb 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR F-2020 4.78 LOA 28FB24 FVRS10LAC
Housing And Urban Development Corporation Limited, a Financial Institution company, has floated Bond, having ISIN value as INE031A08822, with a face value of ₹10,00,000 rs on 28Dec20 to raise 940 crores. The debt instrument is issued with a coupon rate of 4.78% 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 4.78% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE NON CUMULATIVE TAXABLE BONDS IN THE NATURE OF DEBENTURE. HUDCO TAXABLE BONDS SERIES-F 2020. LETTER OF ALLOTMENT. DATE OF MATURITY 28/02/2024. 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 29Dec20. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 24Dec20. 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
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
28-Dec-20 : Your investment
₹47,80,000
28-Dec-21 : Interest
₹47,80,000
28-Dec-22 : Interest
₹47,80,000
28-Dec-23 : Interest
₹11,43,40,000
28-Feb-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,43,40,000)

Summary

Instrument Attributes

Value

Coupon Rate

4.78%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non 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 INE031A08822 issued by Housing And Urban Development Corporation Limited

The instrument name of INE031A08822 ISIN is HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR F-2020 4.78 LOA 28FB24 FVRS10LAC.
The interest earned from INE031A08822 bond issued by Housing And Urban Development Corporation Limited is paid Annually, ensuring regular and consistent income for investors.
This INE031A08822 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.
This Bond offers a coupon rate of 4.78%, which determines the periodic interest payments made to bondholders.
The INE031A08822 Bond is issued by Housing And Urban Development Corporation Limited, a PSU company.