8.35% Hdfc Bank Limited - AAA Rated (INE040A08351)

Hdfc Bank Limited, a Private Sector Bank company, has floated Bond, having ISIN value as INE040A08351, with a face value of ₹10,00,000 rs on 15Dec15 to raise 3500 crores. The debt instrument is issued with a coupon rate of 8.35% 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 Bond is 8.35% UNSECURED REDEEMABLE LONG TERM NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES - SERIES 1/2015-16. DATE OF MATURITY 15/12/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 23Dec15 & on NSE stock exchange on 18Dec15. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 09Dec15. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.