HUDCO Tax-Free 8.20% 2029
Housing & Urban Dev Corp
ISIN: INE176I07029 · NSE/BSE
CRISIL
Coupon Rate
8.2%
Annual
Yield (YTM)
5.95%
Yield to Maturity
Current Price
₹1,260.0
Face ₹1,000
Maturity Date
14 Mar 2029
1-3 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
This bond yields 5.95% to maturity. AAA is the highest domestic credit rating a corporate/PSU bond can carry, indicating the lowest relative default risk in that category for Housing & Urban Dev Corp — though "lowest relative risk" isn't "zero risk," especially over its remaining 2.5 years. On a face value of ₹1000, the 8.2% coupon works out to roughly ₹82.0 a year, paid annually — before any tax on that income. As a tax-free bond, the coupon income itself is exempt from income tax under Section 10(15) — that's the main reason its headline coupon rate is usually lower than a comparable taxable bond; compare post-tax yields, not just the sticker rate, when weighing this against a taxable alternative.
Annual Income Estimator
Annual Interest Income
—
Tax-Free Income
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* Based on coupon rate of 8.2%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE176I07029
Issuer
Housing & Urban Dev Corp
Bond Type
Tax-Free
Face Value
₹1,000
Issue Date
14 Mar 2014
Maturity Date
14 Mar 2029
Coupon Rate
8.2% p.a.
Payment Frequency
Annual
Exchange
NSE/BSE
Min Investment
₹5,000
Credit Rating
AAA (CRISIL)
Tax Status
Tax-Free
Secured
Yes
Status
Active
About this Bond
HUDCO Tax-Free 8.20% 2029 is a Tax-Free bond issued by Housing & Urban Dev Corp. It carries a coupon rate of 8.2% per annum, paid annually, matures on 14 March 2029. It carries an AAA credit rating from CRISIL. This is a secured bond, and interest is tax-free.
More Tax-Free Bonds
Frequently Asked Questions about HUDCO Tax-Free 8.20% 2029
HUDCO Tax-Free 8.20% 2029 has a yield to maturity (YTM) of 5.95%, with a coupon rate of 8.2% p.a., maturing March 2029.
HUDCO Tax-Free 8.20% 2029 is rated AAA by CRISIL, issued by Housing & Urban Dev Corp.
The minimum investment for HUDCO Tax-Free 8.20% 2029 is ₹5,000. Interest earned is tax-free under Section 10(15)(iv)(h).
HUDCO Tax-Free 8.20% 2029 pays interest annual, at a coupon rate of 8.2% per annum on the face value of ₹1,000.
HUDCO Tax-Free 8.20% 2029 is a secured bond rated AAA by CRISIL, the highest safety rating. Secured bonds are backed by specific collateral, reducing default risk relative to unsecured debt. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.
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