8.29% Mahanagar Telephone Nigam Limited. - AAA Rated (INE153A08071)

Mahanagar Telephone Nigam Limited., a Telecom - Cellular & Fixed line services company, has floated Bond, having ISIN value as INE153A08071, with a face value of ₹10,00,000 rs on 28Nov14 to raise 2268.9 crores. The debt instrument is issued with a coupon rate of 8.29% 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 8.29% UNSECURED GOV GUARANTEED TAXABLE REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES IV D. LETTER OF ALLOTMENT. DATE OF MATURITY 28/11/2024. 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 02Dec14. CRISIL RATINGS LIMITED has given AAA(CE) rating to this Bond on 13Nov14. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.