If I Miss the open offer of Company NEW NCD eg. XYZ - rs 1000 x min 10 NCD coupon rate 10% 5 years & after listed one year If I purchase the new NCD from BSE/NSE. then locking period is 4 or5 years ? If 5 years then how ?
Generally for bonds listed on exchange there will no lock in period but liquidity may not be good, if you can name the bond I can able to provide more details.
Sir, I can hold 2-3 years in NCD and I need interest payout half yearly- yearly. So I tried to find out 2 ncd stocks are given below. You are requested to suggest me the few names of secured NCD and Bonds with good liquidity.
State Bank of India SBIN-N5
ISIN : INE062A08058
Coupon Rate : 9.95
11,786.14 !
HIGH
11,825.00
LOW
11,010.10
BEST BUY QTY / PRICE
0/ 0.00
BEST SELL QTY / PRICE
0/ 0.00
VOLUME
214
Allotment Date
Mar 16, 2011
Interest Record Date
Mar 16, 2017
Issue Price
10,000.00
Redemption Amt
10,000.00
Total Securities
3,937,595.00
Redemption Date
Mar 16, 2026
Interest Due Date
Apr 03, 2017
Paid up Value
1,000.00
Face Value
10,000.00
Tenor
15 years months from the deemed date of allotment
L&T Finance Ltd L&TFINANCE-N8
ISIN : INE027E07899
Coupon Rate : 9.10
1,080.00 !
HIGH
1,080.00
LOW
1,080.00
BEST BUY QTY / PRICE
0/ 0.00
BEST SELL QTY / PRICE
20/ 1,080.00
VOLUME
10
Allotment Date
Mar 13, 2019
Interest Record Date
Jan 01, 1900
Issue Price
1,000.00
Redemption Amt
1,000.00
Total Securities
6,884,157.00
Redemption Date
Apr 13, 2022
Interest Due Date
Mar 13, 2020
Paid up Value
1,000.00
Face Value
1,000.00
Tenor
37 months months from the deemed date of allotment