8.52% Housing And Urban Development Corporation Limited - AAA Rated (INE031A08624)

Housing And Urban Development Corporation Limited, a Financial Institution company, has floated Bond, having ISIN value as INE031A08624, with a face value of ₹10,00,000 rs on 28Nov18 to raise 2050 crores. The debt instrument is issued with a coupon rate of 8.52% and its interest is paid Semi 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 8.52% UNSECURED GOI FULLY SERVICED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE BONDS SERIES II 2018. LETTER OF ALLOTMENT. DATE OF MATURITY 28/11/2028. 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 04Dec18. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 19Nov18. 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.