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Instrument Details

ISIN: INE557F07108

Face value

₹5,000

Coupon rate

8.76%

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

713.426

Instrument Type

Bond

Returns

High

Date of Issue

13 Jan 2014

Maturity Date

13 Jan 2034

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 8.76 NCD 13JN34 FVRS5000 LOA UPTO 12FB14
National Housing Bank, a Financial Institution company, has floated Bond, having ISIN value as INE557F07108, with a face value of ₹5,000 rs on 13Jan14 to raise 713.426 crores. The debt instrument is issued with a coupon rate of 8.76% 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 8.76% TAX FREE BONDS IN THE NATURE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES . TRANCHE -I SERIES 3A. LETTER OF ALLOTMENT. DATE OF MATURITY 13/01/2034. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 16Jan14 & on BSE stock exchange on 16Jan14. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 10Dec13. 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
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹5,000
Lot Size
100
Minimum Investment
₹5,00,000

Cashflow

₹5,00,000
13-Jan-14 : Your investment
₹43,800
13-Jan-15 : Interest
₹43,800
13-Jan-16 : Interest
₹43,800
13-Jan-17 : Interest
₹43,800
13-Jan-18 : Interest
₹43,800
13-Jan-19 : Interest
₹43,800
13-Jan-20 : Interest
₹43,800
13-Jan-21 : Interest
₹43,800
13-Jan-22 : Interest
₹43,800
13-Jan-23 : Interest
₹43,800
13-Jan-24 : Interest
₹43,800
13-Jan-25 : Interest
₹43,800
13-Jan-26 : Interest
₹43,800
13-Jan-27 : Interest
₹43,800
13-Jan-28 : Interest
₹43,800
13-Jan-29 : Interest
₹43,800
13-Jan-30 : Interest
₹43,800
13-Jan-31 : Interest
₹43,800
13-Jan-32 : Interest
₹43,800
13-Jan-33 : Interest
₹43,800
13-Jan-34 : Interest
₹13,76,000
13-Jan-34 : Maturity amount (Investment: ₹5,00,000, Interest earned: ₹8,76,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.76%

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 INE557F07108 issued by National Housing Bank

The instrument name of INE557F07108 ISIN is NATIONAL HOUSING BANK 8.76 NCD 13JN34 FVRS5000 LOA UPTO 12FB14.
The interest earned from INE557F07108 bond issued by National Housing Bank is paid Annually, ensuring regular and consistent income for investors.
This INE557F07108 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 Bond offers a coupon rate of 8.76%, which determines the periodic interest payments made to bondholders.
The INE557F07108 Bond is issued by National Housing Bank, a PSU company.
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