Category: Tax Free Bonds
REC Tax Free bond
REC (Rural Electrification Corporation Ltd) a Government of India run PSU, is shortly coming out with issue of REC Tax Free Bonds, tentatively from March 06, 2012 for collecting 3000 Crore under section 10(15)(iv)(h) of Income Tax Act,1961 with a estimated coupon rate of 7.93%* – 8.32% under 10/15 year tenore . The issue is [...]
HUDCO Tax Free Bonds 2012
Housing and Urban Development Corporation (HUDCO), a Government of India Enterprise, has filed the Draft Self Prospectus with SEBI and the issue is coming on January 27, 2012. As per the Prospectus the Bonds shall be issued in forms of Tax Free, Secured, Redeemable, Non Convertible Debentures with face value of Rs. 1000 each having [...]
Indian Railway Finance Corporation Ltd-Tax Free Bonds (IRFC)
Indian Railway Finance Corporation Ltd.( IRFC), (A Government of India Enterprise), has filed the Draft Self Prospectus with SEBI and the issue is coming on January 27, 2012. As per the Prospectus the Bonds shall be issued in forms of Tax Free, Secured, Redeemable, Non Convertible Debentures with face value of Rs. 1000 each having [...]
Power Finance Corporation Tax Free Bonds
Power Finance Corporation Ltd. (PFC), a Government of India undertaking with status of navratna PSU is launching Tax Free bonds, as per reports, from December 31, 2011 with coupon rates of 8.20% under 10 years plan and 8.30% under 15 years plan, for the value of Rs 1000 Crore with option to retain over-subscription up [...]
NHAI Tax Free Bonds
National Highways Authority of India (NHAI) running under Road Transport & Highways Government of India is launching Tax Free bonds, as per reports, from December 28, 2011 with coupon rates of 8.20% under 10 years plan and 8.30% under 15 years plan, for the value of Rs 5000 Crore with option to retain oversubscription of [...]
PFC Tax Free Bond 2011
Power Finance Corporation Ltd. (PFC) has launched its TAX FREE BOND issue . The bonds are Secured, Redeemable, Non-Convertible, Non-cumulative, Tax free Bonds in the nature of Debentures Series 80 The coupon rate is as follows: Tenor Coupon Rate 10 Year 8.09% p.a. 15 Year 8.16% p.a. Check Allotment Status Scheme Details Issue opening date: [...]
