Instrument Description (Long): |
8.50% (FOR CATEGORY IV i.e. RII- IF ON RECORD DATE BONDS HELD BY RII ELSE 8.25% p.a.) TAX FREE BONDS IN THE NATURE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES . TRANCHE -II SERIES 1B. LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2024 |
Instrument Description(short): |
NATIONAL HOUSING BANK 8.5 NCD 24MR24 FVRS5000 LOA UPTO 22AR14 |
ISIN: |
INE557F07173 |
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Type of Instrument: |
Bonds |
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Face Value (per instrument):: |
5000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
8.5%(REFER REMARKS) |
|
|
|
Details of Variable Coupon Rate: |
N.A. |
Seniority in Repayment: |
|
|
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): |
5000 |
|
|
Issue Size (in Crores): |
25.513 |
Series (if any): |
TRANCHE-II 1B |
|
Total Allotment Quantity: |
0 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
24-Mar-2014 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
ANNUAL 24TH MARCH EACH YEAR TILL THE DATE OF MATURITY i.e. 24.03.2024 |
Scheduled Opening Date: |
07-Mar-2014 |
|
Put Option with specified dates: |
|
Scheduled Closing Date: |
07-Mar-2014 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
11-Mar-2014 |
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Redemption Date/Last Conversion Date: |
24-Mar-2024 |
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|
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Defaulted in Redemption: |
Not Applicable |
|
|
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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 |
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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.: |
PARIPASU FLOATING CHARGE ON THE SPECIFIC BOOK DEBTS AS MENTIONED IN THE SECURITY DOCUMENTS AND/OR BOND TRUST DEED. |