5.59% Housing And Urban Development Corporation Limited - AAA Rated (INE031A08830)

Housing And Urban Development Corporation Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE031A08830, with a face value of ₹10,00,000 rs on 22Feb22 to raise 1000 crores. The debt instrument is issued with a coupon rate of 5.59% 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 5.59% UNSECURED SENIOR LISTED RATED PRIVATE PLACEMENT REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HUDCO TAXABLE BONDS SERIES-A 2021. DATE OF MATURITY 04/03/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 23Feb22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 03Sep21. This issuer is formerly known as HOUSING AND URBAN DEVELOPMENT FINANCE CORPORATION PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.