Instrument Description (Long): |
8.30% Secured Non-Convertible Long Term Infrastructure Bond u/s 80CCF of IT act. Series- I. Date of Maturity 31/03/2021 |
Instrument Description(short): |
POWER FINANCE CORPORATION LTD. SR-I 8.3 BD 31MR21 FVRS5000 |
ISIN: |
INE134E07075 |
|
Type of Instrument: |
Bonds |
|
Face Value (per instrument):: |
5000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
8.30% |
|
|
|
Details of Variable Coupon Rate: |
- |
Seniority in Repayment: |
|
|
Day Count Convention: |
Actual/actual |
Whether tax free: |
No |
|
Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
|
|
Issue price (per instrument): |
5000 |
|
|
Issue Size (in Crores): |
14.47 |
Series (if any): |
Infrastructure Bonds (2010-11) Series - I |
|
Total Allotment Quantity: |
133608 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
Yes |
|
Date of Allotment: |
31-Mar-2011 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
Months
:
Days
:
|
|
|
Frequency of Interest Payment with specified dates: |
Annually on 31st March |
Scheduled Opening Date: |
24-Feb-2011 |
|
Put Option with specified dates: |
One date,being the date falling five years and one day from the date of allotment |
Scheduled Closing Date: |
22-Mar-2011 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
22-Mar-2011 |
|
Redemption Date/Last Conversion Date: |
31-Mar-2021 |
|
|
|
Defaulted in Redemption: |
Not Applicable |
|
|
|
If guaranteed, provide complete details regarding the Guarantee: |
Government of India |
|
Redemption Premium Details: |
|
Step up / Step down coupon basis: |
Step Down |
|
Step up / Step down details: |
|
Indicate whether Put option will be exercised at Discount/Premium/Par: |
Par |
|
Put option details: |
One date being the date falling five year and one day from the deemed date of allotment |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
|
|
Call option details: |
|
Whether Debentures/Bonds are perpetual in nature: |
No |
|
Indicate whether the instrument is rated: |
Yes |
Type of Convertibility - A: |
Non Convertible |
|
Convertibility details: |
|
Type of Convertibility - B: |
|
|
Coupon Type: |
Simple |
Compounding Frequency Details: |
|
|
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
Secured by charge on specific book debt of Rs. 4539.03 crore as on 31.03.2013 of the Company along with first charge on immovable property situated at Jangpura, New Delhi. |