6.74% Ntpc Limited - AAA Rated (INE733E08205)

Ntpc Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE733E08205, with a face value of ₹10,00,000 rs on 20Dec21 to raise 1175 crores. The debt instrument is issued with a coupon rate of 6.74% 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 Debenture is 6.74% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 76. DATE OF MATURITY 14/04/2032. 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 20Dec21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 31Mar21. This issuer is formerly known as NATIONAL THERMAL POWER CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.