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13th November 2017, 10:57 AM
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Join Date: Aug 2012
Re: National Housing Bank Tax Free Bonds Issue

National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up on 9 July 1988 under the National Housing Bank Act, 1987.

As per me National Housing Bank had issue Tax Free Bonds in 2013-14 year , detail are as follows :

Issue Highlights:
Issue Opens MMonday, December 30, 2013
Issue Closes Friday, January 31, 2014
Issue Price Rs. 5,000/- per Bond
Face Value Rs. 5,000/- per Bond
Minimum Application 1 Bond (Rs. 5,000) (Individually or collectively, across all series of Bonds)
Rating CARE AAA by CARE, CRISIL AAA/Stable by CRISIL, ICRA AAA (Stable) by ICRA
Listing On NSE
Registrar Karvy Computershare Private Limited
Annualized Yield
(Retail - Category IV) 8.51% p.a Tranche I series 1B for 10 yrs
8.88% p.a Tranche I series 2B for 15 yrs
9.01% p.a Tranche I series 3B for 20 yrs
Annualized Yield
(Non Retail -
Category I, II and III) 8.26% p.a Tranche I series 1A for 10 yrs
8.63% p.a Tranche I series 2A for 15 yrs
8.76% p.a Tranche I series 3A for 20 yrs

Company profile:
Type Public

Industry

Banking

CEO:Sriram Kalyanaraman

Founded 9 July 1988

Headquarters New Delhi, India

Key people Mr. Mohammad Mustafa, Chairman and Managing Director

Products Loans


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