Bond Housing & Urban Development Inc. 12.75% ( INE031A09754 ) in INR

Issuer	Housing & Urban Development Inc.
Market price	100 % ⇌
Country	India
ISIN code	INE031A09754 ( in INR )
Interest rate	12.75% per year ( payment 1 time a year)
Maturity	15/12/2017 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 INR
Total amount	70 400 000 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. Analysis of the Indian fixed-income market reveals the successful redemption of a notable bond, ISIN INE031A09754, issued by the Housing & Urban Development Corporation (HUDCO), a premier public sector undertaking of the Government of India dedicated to financing housing and urban infrastructure projects across the nation. This particular bond, denominated in Indian Rupees (INR), provided investors with an attractive annual interest rate of 12.75% and had a total issue size of INR 70,400,000, with a minimum investment threshold set at INR 100,000. Originally trading at a market price of 100% prior to its full lifecycle completion, this security matured as planned on December 15, 2017, and has subsequently been fully repaid to its bondholders, concluding its financial cycle.