6.89% National Housing Bank - AAA Rated (INE557F07058)

National Housing Bank, a Financial Institution company, has floated Debenture, having ISIN value as INE557F07058, with a face value of ₹10,00,000 rs on 22Mar13 to raise 82.9 crores. The debt instrument is issued with a coupon rate of 6.89% 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 Debenture is 6.89% NHB TAX FREE BONDS 2023. SERIES IV. DATE OF MATURITY 22/03/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on NSE stock exchange on 08Apr13 & on BSE stock exchange on 08Apr13. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 18Mar13. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.