5.45% Ntpc Limited - AAA Rated (INE733E08163)

Ntpc Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE733E08163, with a face value of ₹10,00,000 rs on 15Oct20 to raise 4000 crores. The debt instrument is issued with a coupon rate of 5.45% 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 5.45% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE NON CUMULATIVE TAXABLE BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT. SERIES 72. MATURITY DATE : 15/10/2025. 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 16Oct20 & on BSE stock exchange on 19Oct20. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 11Dec20. 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.