Wednesday, April 17News That Matters

Month: May 2018

9.1% Dewan Housing Finance (DHFL) NCD Issue May 2018 – Details & Review

Bonds
Dewan Housing Finance is opening its public issue of NCDs on 22nd May 2018. This NCD issue is offering  yield upto 9.10% and have 7 different investment options. Last 2 issues from DHFL in 2016 were over-subscribed on the first day itself. In this post, I am trying to put details around how good this DHFL NCD is ? What are the postive and negative factors of Dewan Housing Finance NCD? Who should invest in Dewan Housing Finance NCD?     Key Features of Dewan Housing Finance (DHFL)  NCD NCD Issue Open: 22- May-2018 NCD Issue Closing date: 4-June-2018 (but expected to subscribe early - Last 2 issues from DHFL in 2016 were over-subscribed on the first day itself.) Type of Instrument: Secured Redeemable Non-convertible debentures (NCD) for 3 - 10 years Size of Issue:  Ba...