8% MAHANAGAR TELEPHONE NIGAM LIMITED 2032
Issuer's Type
PSU
About Issuer:
MTNL was setup on 1st April, 1986 by the Government of India to upgrade the quality of telecom services, expand the telecom network, introduce new services and to raise revenue for telecom development needs of India 's key metro cities of Delhi & Mumbai.
Issuer's Link
Issuer's Financial Link
A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)
Issuer
MAHANAGAR TELEPHONE NIGAM LIMITED
Issuer Type
PSU
Face Value
1,000,000.00
Coupon Rate
8.00% (Fix)
Issue Date
15/Nov/2022
Maturity Date
15/Nov/2032
Issue Size (in Crores)
6,110.00
Tax Free
Yes
TDS on Interest
Yes
Call Option
N.A.
Put Option
N.A.
Govt. Guarantee
Yes
Security
Senior Secured
Name of Debenture Trustee
BEACON TRUSTEESHIP LIMITED
Remarks
Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.
Issuer
MAHANAGAR TELEPHONE NIGAM LIMITED
Principal Amount
1,000,000.00
Yield (YTM)
8%
Maturity Date
15-11-2032
Settlement Amount
1,080,000.00
ISIN No.
INE153A08105