Bond Directory / HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED

HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED

ACTIVE

8.39% FOR CATEGORY IV i.e. RIIs (IF ON RECORD DATE BONDS HELD BY RII ELSE 8.14%) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE I. SERIES 1B. LETTER OF ALLOTMENT. DATE OF MATURITY 25/10/2023

ISIN

INE031A07931

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Essentials

Coupon Rate (Returns)

8.39% p.a. FOR CATEGORY IV i.e. RIIs

Rating

AAA  CARE Ratings Limited

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

8 months

Oct 25, 2023

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call and Put

Put option exercised at

Discount

Issue Details

Issue Size

361.79 Crores

Issue Price

₹1,037

Security class

Bond

Listing details

BSE

Debenture Trustee

SBICAP Trustee Company Limited

Issue

Bonus

Issuer Details

HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED

Business Sector

162

Issuer Nature type

Other

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

Issue Size

Large

Rating Category*

AAA

Tax Saving

Yes

Issue Type

Bonus

Coupon Type

Simple

*Rating Agency -CARE Ratings Limited

Factors

Issue Size

Large

Rating Category*

AAA

Tax Saving

Yes

Issue Type

Bonus

Coupon Type

Simple

*Rating Agency - CARE Ratings Limited

Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

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We work hard to collect detailed information about the bonds to help you make informed decision. This is high quality data which is approved by SEBI and exchanges.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AAA

(-)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

4

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

None

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

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1

Personal Details

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2

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3

KYC & Payment

Complete KYC and make purchase

4

Delivery

Bond is yours!

Information required for KYC

PAN Card Number

Bank Accounts details

Aadhaar Card Number

Demat Account Details

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