Housing And Urban Development Corporation Limited - AAA Rated (INE031A07AH9)

Housing And Urban Development Corporation Limited, a Financial Institution company, has floated Bond, having ISIN value as INE031A07AH9, with a face value of ₹1,000 rs on 24Mar14 to raise 41.5379 crores. The debt instrument is issued with a coupon rate of 8.96% (REFER REMARKS) 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 8.96% (FOR CATEGORY IV i.e. RIIs. IF ON RECORD DATE BONDS HELD BY RII ELSE 8.71% p.a.) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE III. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2034. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 28Mar14. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 14Aug13. 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.