Bond Housing & Urban Development Inc. 8.1% ( INE031A07832 ) in INR

Issuer	Housing & Urban Development Inc.
Market price	100 % ⇌
Country	India
ISIN code	INE031A07832 ( in INR )
Interest rate	8.1% per year ( payment 1 time a year)
Maturity	05/03/2022 - Bond has expired
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Minimal amount	1 000 INR
Total amount	21 664 953 000 INR
Detailed description	The Housing & Urban Development Corporation (HUDCO) is an Indian government-owned financial institution that provides financial assistance for housing and urban development projects. An overview of the bond identified by ISIN code INE031A07832 reveals key characteristics of a debt instrument issued by the Housing & Urban Development Corporation (HUDCO). HUDCO is a premier Public Sector Undertaking (PSU) under the administrative control of the Ministry of Housing and Urban Affairs, Government of India, primarily engaged in providing long-term finance for housing and urban infrastructure projects across India, playing a crucial role in the nation's development agenda. This particular bond, denominated in Indian Rupees (INR), carried an interest rate of 8.1% with an annual payment frequency. The total issue size for this offering was substantial, amounting to 21,664,953,000 INR, with a minimum investment threshold set at 1,000 INR. Originally issued in India, the bond reached its full maturity on March 5, 2022. Consistent with its maturity, the bond was fully redeemed at its par value, represented by a market price of 100% at the time of redemption, thereby completing its lifecycle and returning capital to investors.