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8.39% Pnb Housing Finance Ltd - AA Rated (INE572E09346)
ActivePSUUnsecured
Instrument Details
ISIN: INE572E09346
Face value
₹10,00,000
Coupon rate
8.39%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
290
Instrument Type
Bond
Returns
High
Date of Issue
28 Apr 2016
Maturity Date
28 Apr 2026
Perpetual
Yes
Listing Status
Listed
Rating status
AA+ (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 2
Guarantee Type
Non Convertible
About this Bond
PNB HOUSING FINANCE LTD SR-V 8.39 LOA 28AP26 FVRS10LAC
Pnb Housing Finance Ltd, a Housing Finance Company company, has floated Bond,
having ISIN value as INE572E09346, with a face value of ₹10,00,000 rs on 28Apr16 to raise 290 crores. The debt instrument
is issued with a coupon rate of 8.39% 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 Unsecured
Bond is 8.39% UNSECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF PROMISSORY NOTE. SERIES V. LETTER OF ALLOTMENT.DATE OF MATURITY 28/04/2026. 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 11May16. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to
this Bond on 06Mar20. 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
28-Apr-16 : Your investment
₹41,95,000
28-Oct-16 : Interest
₹41,95,000
28-Apr-17 : Interest
₹41,95,000
28-Oct-17 : Interest
₹41,95,000
28-Apr-18 : Interest
₹41,95,000
28-Oct-18 : Interest
₹41,95,000
28-Apr-19 : Interest
₹41,95,000
28-Oct-19 : Interest
₹41,95,000
28-Apr-20 : Interest
₹41,95,000
28-Oct-20 : Interest
₹41,95,000
28-Apr-21 : Interest
₹41,95,000
28-Oct-21 : Interest
₹41,95,000
28-Apr-22 : Interest
₹41,95,000
28-Oct-22 : Interest
₹41,95,000
28-Apr-23 : Interest
₹41,95,000
28-Oct-23 : Interest
₹41,95,000
28-Apr-24 : Interest
₹41,95,000
28-Oct-24 : Interest
₹41,95,000
28-Apr-25 : Interest
₹41,95,000
28-Oct-25 : Interest
₹41,95,000
28-Apr-26 : Interest
₹18,39,00,000
28-Apr-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,39,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
8.39%
Returns
High
Bond Rating
AA+
Seniority in Repayment
Subordinate Tier 2
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 INE572E09346 issued by Pnb Housing Finance Ltd
What is the instrument name of INE572E09346 ISIN?
The instrument name of INE572E09346 ISIN is PNB HOUSING FINANCE LTD SR-V 8.39 LOA 28AP26 FVRS10LAC.
How frequently is the interest paid on INE572E09346 bond issued by Pnb Housing Finance Ltd?
The interest earned from INE572E09346 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 INE572E09346 bond issued by Pnb Housing Finance Ltd?
This INE572E09346 bond issued by Pnb Housing Finance Ltd has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE572E09346 bond issued by Pnb Housing Finance Ltd?
This Bond offers a coupon rate of 8.39%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE572E09346 Bond?
The INE572E09346 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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