Housing And Urban Development Corporation Limited - AAA Rated (INE031A07865)

Housing And Urban Development Corporation Limited, a Financial Institution company, has floated Bond, having ISIN value as INE031A07865, with a face value of ₹1,000 rs on 16Feb13 to raise 1274.2386 crores. The debt instrument is issued with a coupon rate of 7.51% p.a. FOR CATAGORY I, II & III, 8.01% - IV 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 Unsecured Bond is 7.51% p.a. (TRANCE I SERIES 2 BONDS) FOR CATAGORY I, II, III, 8.01% (TRANCE I SERIES 2 BONDS) FOR CATAGORY IV TAX FREE TRANCE I SERIES 2 BONDS IN THE NATURE OF SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 16/02/2028. This instrument is issued in Bonus mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 21Feb13 & on BSE stock exchange on 03Apr13. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 09Oct14. This issuer is formerly known as HOUSING AND URBAN DEVELOPMENT FINANCE CORPORATION PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.