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7.05% National Housing Bank - AAA Rated (INE557F08FG1)
In-activePSUUnsecured
Instrument Details
ISIN: INE557F08FG1
Face value
₹10,00,000
Coupon rate
7.05%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
1720
Instrument Type
Bond
Returns
Medium
Date of Issue
18 Dec 2019
Maturity Date
18 Dec 2024
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
NATIONAL HOUSING BANK 7.05 BD 18DC24 FVRS10LAC LOAUPTO19FB20
National Housing Bank, a Financial Institution company, has floated Bond,
having ISIN value as INE557F08FG1, with a face value of ₹10,00,000 rs on 18Dec19 to raise 1720 crores. The debt instrument
is issued with a coupon rate of 7.05% 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
Bond is 7.05% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE BOND IN THE NATURE OF DEBENTURE 2024. LETTER OF ALLOTMENT. MATURITY DATE : 18/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on NSE stock
exchange on 30Dec19 & on BSE stock exchange on 30Dec19. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Bond on 07Oct19. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
18-Dec-19 : Your investment
₹70,50,000
18-Dec-20 : Interest
₹70,50,000
18-Dec-21 : Interest
₹70,50,000
18-Dec-22 : Interest
₹70,50,000
18-Dec-23 : Interest
₹70,50,000
18-Dec-24 : Interest
₹13,52,50,000
18-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,52,50,000)
Summary
Instrument Attributes
Value
Coupon Rate
7.05%
Returns
Medium
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Financial Institution
HEAD OFFICE
New Delhi
SECTOR
Financial Services
ISSUER OWNERSHIP
PSU
Other Bonds of National Housing Bank
FAQs about INE557F08FG1 issued by National Housing Bank
What is the instrument name of INE557F08FG1 ISIN?
The instrument name of INE557F08FG1 ISIN is NATIONAL HOUSING BANK 7.05 BD 18DC24 FVRS10LAC LOAUPTO19FB20.
How frequently is the interest paid on INE557F08FG1 bond issued by National Housing Bank?
The interest earned from INE557F08FG1 bond issued by National Housing Bank is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE557F08FG1 bond issued by National Housing Bank?
This INE557F08FG1 bond issued by National Housing Bank has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE557F08FG1 bond issued by National Housing Bank?
This Bond offers a coupon rate of 7.05%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE557F08FG1 Bond?
The INE557F08FG1 Bond is issued by National Housing Bank, a PSU company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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