| FORM NL-37-DOWN GRADING OF INVESTMENT-2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Company Name & Code: | |||||||||
| Statement as on: | |||||||||
| Name of Fund | |||||||||
| Statement of Down Graded Investments | |||||||||
| Periodicity of Submission: Quarterly | |||||||||
| Statement as on : As on 31st March 2010 | |||||||||
| (Rs. In Lakhs) | |||||||||
| Sr.No. | Particulars of Investments | Category | Amount | Date of | Rating | Original | Current | Date of | Remarks |
| Code | (As per B/s.) | Purchase | Agency | Grade | Grade | Downgrade | |||
| A. | During the quarter: | ||||||||
| Debentures/Bonds: | |||||||||
| 1 | Bank of Rajasthan | OLDB | 500.00 | 29.8.2006 | CARE | BBB | BB+ | 25/2/2010 | |
| 2 | Bank of Rajasthan | OLDB | 500.00 | 15.10.2004 | CARE | A- | BBB+ | 25/2/2010 | |
| 3 | PNB Housing Finance | HTDN | 1000.00 | 24.7.2006 | CARE&CRISIL | AA+ | AA | 10/2/2010 | |
| 4 | PNB Housing Finance | HTDN | 1000.00 | 30.9.2008 | CARE& CRISIL | AA+ | AA | 10/2/2010 | |
| 5 | PNB Housing Finance | HTDN | 1000.00 | 24.7.2006 | CARE&CRISIL | AA+ | AA | 10/2/2010 | |
| 4000.00 | |||||||||
| As on date | |||||||||
| 7 | 9.25% Vijaya Bank Lower Tier II | OLDB | 500.00 | 01.08.2006 | FITCH | AA+(ind) | AA(ind) | 14.8.2008 | |
| 13 | 10.25% Bonds of Indusind Bank | OLDB | 1000.00 | 30.9.2006 | ICRA&FITCH | A | BBB+ | 20.11.2008 | |
| 14 | 11.50% Debentures of Mahindra & Mahindra | ||||||||
| Financial Services | OLDB | 500.00 | 26.9.2008 | CRISIL | AA+(-ve) | AA- | 19.3.2009 | ||
| 15 | 7.15% Bonds of Development Credit Bank | OLDB | 500.00 | 16.3.2004 | FITCH | A+ | BBB | 25.2.2009 | |
| 17 | 6.25% ING Vysya Bank Ltd. | OLDB | 2000.00 | 12.9.2003 | FITCH | AA+ | AA | 19.5.2009 | |
| 18 | 8.75% ING Vysya Bank Ltd. | OLDB | 500.00 | 17.3.2006 | FITCH | AA+ | AA | 19.5.2009 | |
| 19 | 9.70% ING Vysya Bank Ltd. | OLDB | 1500.00 | 28.8.2006 | FITCH | AA+ | AA | 19.5.2009 | |
| 20 | 13% Aditya Birla Nuva Ltd. | ECOS | 1000.00 | 7.11.2008 | CARE | AAA | AA+ | 13.08.2009 | |
| 41 | Bank of Maharashtra 9.10%;14.10.2021 | OLDB | 500.00 | 14.10.2006 | CRISIL/CARE | AA | AA- | 21.10.2009 | |
| 8000.00 | |||||||||
| Statement as on : As on 31st March 2009 | |||||||||
| No | Name of the Security | COI | Amount | Date of Purchase | Rating Agency | Original Grade | Current Grade | Date of Downgrade | Remarks |
| (Rs. in lacs) | |||||||||
| A. | During the Quarter ¹ | ||||||||
| 11.50% Debentures of Mahindra & Mahindra | OLDB | 500 | 26.9.2008 | CRISIL | AA+(-ve) | AA- | 19.3.2009 | ||
| Financial Services | |||||||||
| 7.15% Bonds of Development Credit Bank | OLDB | 500 | 16.3.2004 | FITCH | A+ | BBB | 25.2.2009 | ||
| 6.50% Debentures of Hindalco Industries Ltd. | ECOS | 5000 | 16.9.2004 | CRISIL | AA | AA-(ve) | 21.11.2008 | ||
| Till the current quarter: | |||||||||
| 1 | 8.7% to 9.2% UCO Bank Upper Tier II Bonds | OLDB | 500 | 22.3.2006 | CRISIL | AA | AA- | 27.8.2008 | |
| 2 | 9.25%-9.75% Upper Tier II Bonds of UCO Bank | OLDB | 512.76 | 12.10.2006 | CRISIL | AA | AA- | 27.8.2008 | |
| 3 | 9.25%-9.75% Upper Tier II Bonds of UCO Bank | OLDB | 512.41 | 26.10.2006 | CRISIL | AA | AA- | 27.8.2008 | |
| 4 | 9.28%-9.78% Upper Tier II Bonds of UCO Bank | OLDB | 1000 | 03.07.2006 | CRISIL | AA | AA- | 27.8.2008 | |
| 5 | 9.35%-9.85% perpetual bonds of UCO Bank | EUPD | 1000.51 | 21.07.2006 | CRISIL | AA | AA- | 27.8.2008 | |
| 6 | 9.35%-9.85% perpetual bonds of UCO Bank | EUPD | 1000.51 | 08.08.2006 | CRISIL | AA | AA- | 27.8.2008 | |
| 7 | 9.25% Vijaya Bank Lower Tier II | ECOS | 500 | 1.8.2006 | FITCH | AA+(Ind) | AA-(Ind) | 14.8.2008 | |
| 8 | 9.35%-9.85% pertual bonds of UCO Bank | EUPD | 1000.51 | 21.07.2006 | CRISIL | AA | A | 20.11.2008 | |
| 9 | 9.35%-9.85% pertual bonds of UCO Bank | EUPD | 1000 | 08.08.2006 | CRISIL | AA | A | 20.11.2008 | |
| 10 | 9.28-9.78 Upper Tier II Bonds of UCO Bank | OLDB | 1000 | 03.07.2006 | CRISIL | AA | A | 20.11.2008 | |
| 11 | 9.20 Bonds of Dena Bank | OLDB | 1000 | 1.10.2006 | CRISIL & FITCH | A | A- | 21.11.2008 | |
| 12 | 9.20 Bonds of Dena Bank | OLDB | 1000 | 3.11.2006 | CRISIL & FITCH | A | A- | 21.11.2008 | |
| 13 | 10.25% Bonds of Indusind Bank | OLDB | 1000 | 30.9.2006 | ICRA & FITCH | A | BBB+ | 20.11.2008 | |
| Statement as on : As on 31st March 2008 | |||||||||
| Rs. Lakhs | |||||||||
| No | Name of the Security | COI | Amount | Date of Purchase | Rating Agency | Original Grade | Current Grade | Date of Downgrade | Remarks |
| (Rs. in lacs) | |||||||||
| A. | During the Quarter ¹ | ||||||||
| N | I | L | |||||||
| B. | As on Date ² (2007-08) | ||||||||
| 6.50% NCDs of Hindalco Industries | ICOS | 500 | 16.9.2004 | CRISIL | AAA | AA | 14.6.2007 | ||
| Ltd. | FITCH | AAA | AA | 13.9.2007 | |||||
| Bonds of Indusind Bank Ltd. | OLDB | 4500 | (Total) | ||||||
| Industries Ltd. (Lower Tier II Bonds) | |||||||||
| 8% coupon rate | 500 | 31.3.2003 | Unrated | ||||||
| 7% coupon rate | 500 | 31.3.2004 | FITCH | A+ | A | 17.9.2007 | |||
| 6.8% coupon rate | 500 | 30.6.2004 | FITCH | A+ | A | 17.9.2007 | |||
| 8.10% coupon rate | 500 | 31.3.2005 | FITCH | A+ | A | 17.9.2007 | |||
| 8.4% coupon rate | 1500 | 31.12.2005 | FITCH | A+ | A | 17.9.2007 | |||
| Upper Tier II Bonds - 10.25% | 1000 | 30.9.2006 | FITCH | A | A- | 17.9.2007 | |||
| 3500 | (Total) | ||||||||
| PERPETUAL BONDS OF UCO BANK | EUPD | ||||||||
| UCO Bank (CALL - 1.6.2016) | |||||||||
| Coupon rate 9.35% - 9.85% | 1000 | 21.7.2006 | CRISIL | AA | AA- | 7.12.2007 | |||
| Coupon rate 9.35% - 9.85% | 1000 | 8.08.2006 | CRISIL | AA | AA- | 7.12.2007 | |||
| Upper Tier II Bonds | |||||||||
| Coupon rate 8.70%-9.20% | 500 | 22.3.2006 | CRISIL | AA | AA- | 7.12.2007 | |||
| coupon rate 9.28%-9.78% | 1000 | 3.07.2006 | CRISIL | AA | AA- | 7.12.2007 | |||