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ItalianoBond Housing & Urban Development Inc. 12% ( INE031A09432 ) in INR
| Issuer | Housing & Urban Development Inc. |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE031A09432 ( in INR )
|
| Interest rate | 12% per year ( payment 1 time a year) |
| Maturity | 10/12/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 500 000 INR |
| Total amount | 42 000 000 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. A recently matured bond, identified by ISIN INE031A09432, was issued by the Housing & Urban Development Corporation (HUDCO), an Indian public sector undertaking operating under the Ministry of Housing and Urban Affairs that plays a crucial role in financing housing and urban infrastructure projects across India; this INR-denominated fixed-income instrument, originating from India, carried a 12% annual interest rate with a total issuance size of INR 42,000,000 and a minimum purchase threshold of INR 500,000, and was fully repaid at its 100% market value upon its maturity on December 10, 2021, confirming its successful redemption. |