Bond Urban Housing Corp 8.38% ( INE031A08673 ) in INR

Issuer	Urban Housing Corp
Market price	100 % ⇌
Country	India
ISIN code	INE031A08673 ( in INR )
Interest rate	8.38% per year ( payment 1 time a year)
Maturity	30/01/2029
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Minimal amount	1 000 000 INR
Total amount	20 669 000 000 INR
Next Coupon	30/01/2026 ( In 137 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. A notable fixed-income opportunity currently available is the bond issued by Housing & Urban Development Corp (HUDCO), an Indian public sector undertaking under the Ministry of Housing and Urban Affairs, dedicated to providing financial assistance for housing and urban infrastructure development across India. Identified by ISIN INE031A08673, this Indian Rupee (INR) denominated bond, issued from India, is presently trading at par (100% of its face value) and offers an attractive annual interest rate of 8.38%, with interest payments disbursed once a year. The total issue size stands at INR 20,669,000,000, with a minimum investment threshold set at INR 1,000,000, and is scheduled to mature on January 30, 2029.