8.05% Ntpc Limited - AAA Rated (INE733E07KA6)

Ntpc Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE733E07KA6, with a face value of ₹10,00,000 rs on 05May16 to raise 1000 crores. The debt instrument is issued with a coupon rate of 8.05% 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 Secured Bond is 8.05% SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES 60. LETTER OF ALLOTMENT. DATE OF MATURITY 05/05/2026. 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 12May16 & on NSE stock exchange on 12May16. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 06Apr16. This issuer is formerly known as NATIONAL THERMAL POWER CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.