#1
8th November 2017, 11:11 AM
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National Housing Bank Tax Free Bonds-14
Hii sir, I Wants to get the Information About the Tax Free Bound of the National Housing Bank ?
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#2
8th November 2017, 01:16 PM
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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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