Bond Urban Housing Corp 8.56% ( INE031A07899 ) in INR

Issuer	Urban Housing Corp
Market price	100 % ⇌
Country	India
ISIN code	INE031A07899 ( in INR )
Interest rate	8.56% per year ( payment 1 time a year)
Maturity	02/09/2028
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Minimal amount	1 000 000 INR
Total amount	1 908 000 000 INR
Next Coupon	02/09/2026 ( In 352 days )
Detailed description	The Housing and Urban Development Corporation (HUDCO) is an Indian government-owned financial institution that provides financial assistance for housing and urban infrastructure development projects. This financial analysis details a bond issued by the Housing & Urban Development Corporation (HUDCO), an Indian public sector undertaking operating under the Ministry of Housing and Urban Affairs. HUDCO's core mandate involves providing long-term finance for housing and urban infrastructure projects across India, playing a pivotal role in national development initiatives and typically benefiting from implicit government support given its public sector status. The specific bond, identified by ISIN Code INE031A07899, originates from India and is denominated in Indian Rupees (INR), currently trading at 100% of its face value on the market, indicating par pricing. Investors in this instrument are offered a fixed annual interest rate of 8.56%, with payments occurring once per year, and the bond has a defined maturity date of September 2, 2028. With a substantial total issue size of INR 1,908,000,000 and a minimum purchase size of INR 1,000,000, this offering is primarily directed towards institutional or high-net-worth investors seeking exposure to India's infrastructure and housing growth sectors through a government-backed entity, providing a predictable yield for portfolios focused on stable returns within the Indian market.