8.46% National Housing Bank - AAA Rated (INE557F07074)

National Housing Bank, a Financial Institution company, has floated Debenture, having ISIN value as INE557F07074, with a face value of ₹10,00,000 rs on 30Aug13 to raise 883 crores. The debt instrument is issued with a coupon rate of 8.46% 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 8.46% NHB TAX FREE BONDS 2028. SERIES V. LETTER OF ALLOTMENT. DATE OF MATURITY 30/08/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 17Sep13 & on NSE stock exchange on 17Sep13. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 26Aug13. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.