Instrument Details

ISIN: INE557F07074

Face value

₹10,00,000

Coupon rate

8.46%

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

883

Instrument Type

Debenture

Returns

High

Date of Issue

30 Aug 2013

Maturity Date

30 Aug 2028

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 8.46 NCD 30AG28 FVRS10LAC LOA UPTO 27SP13
National Housing Bank, a Financial Institution company, has floated Debenture, having ISIN value as INE557F07074, with a face value of ₹10,00,000 rs on 30Aug13 to raise 883 crores. The debt instrument is issued with a coupon rate of 8.46% 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 Debenture is 8.46% NHB TAX FREE BONDS 2028. SERIES V. LETTER OF ALLOTMENT. DATE OF MATURITY 30/08/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 17Sep13 & on NSE stock exchange on 17Sep13. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 26Aug13. 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
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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
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
30-Aug-13 : Your investment
₹84,60,000
30-Aug-14 : Interest
₹84,60,000
30-Aug-15 : Interest
₹84,60,000
30-Aug-16 : Interest
₹84,60,000
30-Aug-17 : Interest
₹84,60,000
30-Aug-18 : Interest
₹84,60,000
30-Aug-19 : Interest
₹84,60,000
30-Aug-20 : Interest
₹84,60,000
30-Aug-21 : Interest
₹84,60,000
30-Aug-22 : Interest
₹84,60,000
30-Aug-23 : Interest
₹84,60,000
30-Aug-24 : Interest
₹84,60,000
30-Aug-25 : Interest
₹84,60,000
30-Aug-26 : Interest
₹84,60,000
30-Aug-27 : Interest
₹84,60,000
30-Aug-28 : Interest
₹22,69,00,000
30-Aug-28 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹12,69,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.46%

Returns

High

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 INE557F07074 issued by National Housing Bank

The instrument name of INE557F07074 ISIN is NATIONAL HOUSING BANK 8.46 NCD 30AG28 FVRS10LAC LOA UPTO 27SP13.
The interest earned from INE557F07074 bond issued by National Housing Bank is paid Annually, ensuring regular and consistent income for investors.
This INE557F07074 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.
This Debenture offers a coupon rate of 8.46%, which determines the periodic interest payments made to bondholders.
The INE557F07074 Debenture is issued by National Housing Bank, a PSU company.