Security Name: 7.39% (7.64% For Retail) Housing And Urban Development Corporation Limited (Tax Free) 08 Feb 2031
ISIN:
INE031A07AO5
Tax Free
Tax Category
08 Feb, 2031
Maturity Date
(6 Yr 1 Mo 17 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
08 Feb, 2016
Allotment Date
NA
Put Date
08 Feb, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
7.64%
Coupon
Fixed Interest
Coupon Basis
NaN%
Current Yield
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Housing And Urban Development Corporation Limited
HUDCO, incorporated in 1970, is a listed Miniratna public sector enterprise under the Ministry of Housing and Urban Affairs, GoI. It is a public financial institution and primarily finances social housing and Urban Infrastructure projects. Over the past seven years, HUDCO has been taking incremental exposures exclusively to state governments and public-sector agencies.
The ratio in FY24 is 9.47x and it was 9.24x in FY23, indicating increase in the debt level due increase in the borrowings as well as finance cost of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.57x and it was 1.51x in FY23, indicating slight increase in debt servicing ability of the issuer due to increase in the profitability in FY 24.
Interest coverage ratio
Recent News
After Japan, Hudco looks to tap Singapore, Taiwan for funds
Apr 10, 2024 | Housing And Urban Development Corporation Limited
HUDCO To Focus More On Financing Infrastructure Projects Across States, Says Chairman
Apr 10, 2024 | Housing And Urban Development Corporation Limited
NBCC signs MoU with HUDCO for ₹600-crore project in Noida
Nov 27, 2024 | Housing And Urban Development Corporation Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE031A07AO5 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 7.39% (7.64% For Retail) Housing And Urban Development Corporation Limited (Tax Free) 08 Feb 2031 |
| Credit Rating |
|---|
| AAA Stable by CARE AAA Stable by IND |
| Coupon Frequency |
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| Yearly |
| Face Value |
|---|
| ₹1,000 |
| Coupon |
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| 7.640000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 08/02/2031 |
| Security |
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| Senior Secured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
