The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE001A07TC3

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

6000

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Sep 2021

Maturity Date

30 Sep 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

HOUSING DEVELOPMENT FINANCE CORPORATION LTD SR Z-005 BR NCD 30SP24 FVRS10LAC
Housing Development Finance Corporation Ltd, a Housing Finance Company company, has floated Debenture, having ISIN value as INE001A07TC3, with a face value of ₹10,00,000 rs on 30Sep21 to raise 6000 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 Secured Debenture is 3M TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES Z 005. DATE OF MATURITY 30/09/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 01Oct21 & on BSE stock exchange on 01Oct21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 20Sep21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
check
Date Verified
30 Sep 2021
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3M TBILL LINKED

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE001A07TC3 issued by Housing Development Finance Corporation Ltd

The instrument name of INE001A07TC3 ISIN is HOUSING DEVELOPMENT FINANCE CORPORATION LTD SR Z-005 BR NCD 30SP24 FVRS10LAC.
The interest earned from INE001A07TC3 bond issued by Housing Development Finance Corporation Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE001A07TC3 bond issued by Housing Development Finance Corporation Ltd has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE001A07TC3 bond issued by Housing Development Finance Corporation Ltd is 3M TBILL LINKED.
The INE001A07TC3 Debenture is issued by Housing Development Finance Corporation Ltd, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow