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Instrument Details

ISIN: INE557F07181

Face value

₹5,000

Coupon rate

8.93%(REFER REMARKS)

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

332.6085

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

24 Mar 2014

Maturity Date

24 Mar 2029

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NATIONAL HOUSING BANK 8.93 NCD 24MR29 FVRS5000 LOA UPTO 22AR14
National Housing Bank, a Financial Institution company, has floated Bond, having ISIN value as INE557F07181, with a face value of ₹5,000 rs on 24Mar14 to raise 332.6085 crores. The debt instrument is issued with a coupon rate of 8.93%(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 8.93% (FOR CATEGORY IV i.e. RII- IF ON RECORD DATE BONDS HELD BY RII ELSE 8.68% p.a.) TAX FREE BONDS IN THE NATURE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES . TRANCHE -II SERIES 2B. LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2029. 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 26Mar14 & on NSE stock exchange on 26Mar14. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 21Feb13. 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
01 Mar 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

8.93%(REFER REMARKS)

Returns

Linked to Markets

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 INE557F07181 issued by National Housing Bank

The instrument name of INE557F07181 ISIN is NATIONAL HOUSING BANK 8.93 NCD 24MR29 FVRS5000 LOA UPTO 22AR14.
The interest earned from INE557F07181 bond issued by National Housing Bank is paid Annually, ensuring regular and consistent income for investors.
This INE557F07181 bond issued by National Housing Bank 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 INE557F07181 bond issued by National Housing Bank is 8.93%(REFER REMARKS).
The INE557F07181 Bond is issued by National Housing Bank, a PSU company.
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