HUDCO raises Rs 2,216 crore from tax-free bonds issue

The issue, which was launched on January 9, closed on February 7. The size of issue size was Rs 750 crore, with an option to retain over-subscription up to Rs 5,000 crore.

HUDCO gets Rs 172 cr subscription on 1st day of tax-free bonds

The bond issue carries a coupon rate of 8.01 percent per annum for 15 years.

HUDCO to launch tax-free bonds issue to raise up to Rs 5,000 cr

For retail investors, the bond issue carries a coupon rate of 8.01 percent per annum for 15 years maturity period and 7.84 percent for 10 years. An investment up to Rs 10 lakh would qualify under retail category.