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9.48% Pnb Housing Finance Ltd - AA Rated (INE572E09239)
In-activePSUSecured
Instrument Details
ISIN: INE572E09239
Face value
₹10,00,000
Coupon rate
9.48%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
300
Instrument Type
Bond
Returns
High
Date of Issue
31 Jan 2014
Maturity Date
31 Jan 2024
Perpetual
Yes
Listing Status
Listed
Rating status
AA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
PNB HOUSING FINANCE LTD 9.48 BD 31JN24 FVRS10LAC LOA UPTO 30JN14
Pnb Housing Finance Ltd, a Housing Finance Company company, has floated Bond,
having ISIN value as INE572E09239, with a face value of ₹10,00,000 rs on 31Jan14 to raise 300 crores. The debt instrument
is issued with a coupon rate of 9.48% and its interest is paid
Semi 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 9.48% SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF PROMISSORY NOTE. SERIES XVII.B. LETTER OF ALLOTMENT.DATE OF MATURITY 31/01/2024. 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 18Feb14 & on NSE stock exchange on 18Feb14. CRISIL RATINGS LIMITED has given AA rating to
this Bond on 30Dec13. 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
31-Jan-14 : Your investment
₹47,40,000
31-Jul-14 : Interest
₹47,40,000
31-Jan-15 : Interest
₹47,40,000
31-Jul-15 : Interest
₹47,40,000
31-Jan-16 : Interest
₹47,40,000
31-Jul-16 : Interest
₹47,40,000
31-Jan-17 : Interest
₹47,40,000
31-Jul-17 : Interest
₹47,40,000
31-Jan-18 : Interest
₹47,40,000
31-Jul-18 : Interest
₹47,40,000
31-Jan-19 : Interest
₹47,40,000
31-Jul-19 : Interest
₹47,40,000
31-Jan-20 : Interest
₹47,40,000
31-Jul-20 : Interest
₹47,40,000
31-Jan-21 : Interest
₹47,40,000
31-Jul-21 : Interest
₹47,40,000
31-Jan-22 : Interest
₹47,40,000
31-Jul-22 : Interest
₹47,40,000
31-Jan-23 : Interest
₹47,40,000
31-Jul-23 : Interest
₹47,40,000
31-Jan-24 : Interest
₹19,48,00,000
31-Jan-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,48,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
9.48%
Returns
High
Bond Rating
AA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Housing Finance Company
HEAD OFFICE
New Delhi
SECTOR
Financial Services
ISSUER OWNERSHIP
PSU
Other Bonds of Pnb Housing Finance Ltd
FAQs about INE572E09239 issued by Pnb Housing Finance Ltd
What is the instrument name of INE572E09239 ISIN?
The instrument name of INE572E09239 ISIN is PNB HOUSING FINANCE LTD 9.48 BD 31JN24 FVRS10LAC LOA UPTO 30JN14.
How frequently is the interest paid on INE572E09239 bond issued by Pnb Housing Finance Ltd?
The interest earned from INE572E09239 bond issued by Pnb Housing Finance Ltd is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE572E09239 bond issued by Pnb Housing Finance Ltd?
This INE572E09239 bond issued by Pnb Housing Finance Ltd has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE572E09239 bond issued by Pnb Housing Finance Ltd?
This Bond offers a coupon rate of 9.48%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE572E09239 Bond?
The INE572E09239 Bond is issued by Pnb Housing Finance Ltd, 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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