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8th November 2017, 01:16 PM
Super Moderator
 
Join Date: Aug 2012
Re: National Housing Bank Tax Free Bonds-14

National Housing Bank is wholly owned by Reserve Bank of India. The primary objective of NHB is to promote financial institutions which are in housing sector and support them. Established in 1988, it has been doing well meeting its objective of a sound housing finance system in the country.

Tax Free Bounds

Issue Opens Monday, 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 8.51% p.a Tranche I series 1B for 10 yrs

(Retail - Category IV) 8.88% p.a Tranche I series 2B for 15 yrs

9.01% p.a Tranche I series 3B for 20 yrs

Annualized Yield 8.26% p.a Tranche I series 1A for 10 yrs

(Non Retail - 8.63% p.a Tranche I series 2A for 15 yrs

Category I, II and III) 8.76% p.a Tranche I series 3A for 20 yrs


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