Instrument Description (Long): |
7.43% SECURED REDEEMABLE NON-CONVERTIBLE TAXFREE BOND. TRANCHE I. SERIES 3A. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2036 |
Instrument Description(short): |
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR-3A 7.43 LOA 21JN36 FVRS1000 |
ISIN: |
INE202E07203 |
|
Type of Instrument: |
Bonds |
|
Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
7.43% |
|
|
|
Details of Variable Coupon Rate: |
N.A. |
Seniority in Repayment: |
Senior |
|
Day Count Convention: |
Actual/actual |
Whether tax free: |
Yes |
|
Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
Under Section 10(15)(iv)(h) |
|
Issue price (per instrument): |
1000 |
|
|
Issue Size (in Crores): |
36.444 |
Series (if any): |
SERIES 3A |
|
Total Allotment Quantity: |
0 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
|
|
Date of Allotment: |
21-Jan-2016 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
20
Months
:
0
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
ANNUAL ON 21 JAN STARTING 21-JAN-17 |
Scheduled Opening Date: |
08-Jan-2016 |
|
Put Option with specified dates: |
|
Scheduled Closing Date: |
22-Jan-2016 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
11-Jan-2016 |
|
Redemption Date/Last Conversion Date: |
21-Jan-2036 |
|
|
|
Defaulted in Redemption: |
Not Applicable |
|
|
|
If guaranteed, provide complete details regarding the Guarantee: |
N.A. |
|
Redemption Premium Details: |
N.A. |
Step up / Step down coupon basis: |
|
|
Step up / Step down details: |
N.A. |
Indicate whether Put option will be exercised at Discount/Premium/Par: |
|
|
Put option details: |
N.A. |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
|
|
Call option details: |
N.A. |
Whether Debentures/Bonds are perpetual in nature: |
No |
|
Indicate whether the instrument is rated: |
Yes |
Type of Convertibility - A: |
Non Convertible |
|
Convertibility details: |
N.A. |
Type of Convertibility - B: |
|
|
Coupon Type: |
Simple |
Compounding Frequency Details: |
N.A. |
|
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
SECURED BY A FIRST PARI PASSU CHARGE ON PRESENT AND FUTURE RECEIVABLES OF THE ISSUER TO THE EXTENT OF THE AMOUNT MOBILISED UNDER THE ISSUE AND INTEREST THEREON |