Bond Directory / PNB HOUSING FINANCE LIMITED

PNB HOUSING FINANCE LIMITED

DELETED

8.19% SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF PROMISSORY NOTE. SERIES XXIII. LETTER OF ALLOTMENT.DATE OF MATURITY 09/11/2020

ISIN

INE572E09304

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Essentials

Coupon Rate (Returns)

8.19%

Rating

AA  INDIA RATING AND RESEARCH PVT. LTD

Interest Payment Frequency

SEMI ANNUALLY

Two Times Every Year

Maturity after

-3 years -7 months

Nov 09, 2020

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

500 Crores

Issue Price

₹10,00,000

Security class

Bond

Listing details

NSE & BSE

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LIMITED

Issue

Private Placement

Issuer Details

PNB HOUSING FINANCE LIMITED

Business Sector

163

Issuer Nature type

Other

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

*Rating Agency -INDIA RATING AND RESEARCH PVT. LTD

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

*Rating Agency - INDIA RATING AND RESEARCH PVT. LTD

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA

(Mar 06, 2020)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Stable

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

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

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

Senior

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?

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How do I buy this bond?

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