HUDCO Tax Free issue will be opening for subscription on 9th January 2013 and closing on 22nd January 2013.
Please note that NRIs (Repatriation as well as Non-repatriation basis) and FIIs can apply in the issue.
Please find below the issue details. Please find attached Tranche Issue prospectus for Reference.
Bidding will be done on BSE software.
Issue Name |
HUDCO Tax Free
| |
Issue Size |
Rs.700 crores with an option to retain oversubscription upto Rs.5000 crores
| |
Credit Rating |
CARE AA+ from CARE and IND AA+ from IRRPL
| |
Tenure |
10 years
|
15 years
|
Coupon p.a.for Category I, II, III (QIB, HNI, Corporates) |
7.34%
|
7.51%
|
Coupon p.a.for Category IV (Retail) |
7.84%
|
8.01%
|
Frequency of interest payment |
Annual
|
Annual
|
Face Value |
Rs. 1,000
|
Rs. 1,000
|
Minimum App size |
5 Bonds (Rs.5000) across both the series of Bonds
|
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