Examples of Series 1 Bonds in a sentence
The remaining principal balance of the Series 1 Bonds will be fully due on June 16, 2023.
Accordingly, Tranche-I Series 1 Bonds and Tranche- I Series 2 Bonds allotted to category III investors, will carry an aggregate coupon rate of 8.22% p.a. and 8.35% p.a., respectively.
In respect to the Series 1 Bonds and subsequent Series, as well as entering the details of Bondholderson the Bondholders Register, the Administrator will issue a registered certificate (“Bond Certificate”) evidencing the holding substantially in the form attached to the relevant Series with the terms and conditions for that Series annexed to the Bond Certificate.
The said additional interest of 0.12% p.a. and 0.15% p.a. is only available to the original allottees.** An additional interest at the rate of 0.50% p.a. is payable to allottees under category IV for Tranche –I Series 1 Bonds and Tranche –I Series 2 Bonds (for HUDCO Bonds 2012).
Accordingly, the Tranche – II Series 1 Bonds and Tranche – II Series 2 Bonds allotted to category IV Investors carry an aggregate coupon rate of 7.53% p.a. and 7.69% p.a., respectively.