Bond Directory / NATIONAL HOUSING BANK

NATIONAL HOUSING BANK

BLOCKED DUE TO ACA

6.82% NHB TAX FREE BONDS 2012-13. LETTER OF ALLOTMENT. DATE OF MATURITY 26/03/2023

ISIN

INE557F07041

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Essentials

Coupon Rate (Returns)

6.82%

Rating

AAA  ICRA LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-2 months

Mar 26, 2023

Face Value

₹10,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

196.23 Crores

Issue Price

₹10,530

Security class

Bond

Listing details

NSE & BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Public

Issuer Details

NATIONAL HOUSING BANK

Business Sector

162

Issuer Nature type

Other

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Large

Rating Category*

AAA

Tax Saving

Yes

Issue Type

Public

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AAA

Tax Saving

Yes

Issue Type

Public

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). 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.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AAA

(Jan 24, 2023)

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

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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