Power Finance corporation launched secured ,Reedemable ,NCD form Infrastructure Bonds today.PFC is expecting to raise Rs.5300 Crore through its infra bonds. Issue opens for subscription on Feb 24 and closes on march.22. The Bonds may issued in one or more treanches. The bond issue is under section 80ccf of the income tax act ,whwrein an…
Silver Hits 30Yr. High:
Silver prices today notched the 30 yr high today in COMEX.Silver was trading at about $32.20,record high after 1980. At same time, silver was trading just above of Rs.48,000,,at multicommodity exchage.Recent reports show the stronger demand will continue from Asia especially China. Silver have now major support of $30. Silver prices have surged from $17…
SBI Bond Issue 2011
After full to response to SBI Bond issue of 2010,SBI is set to issue a new bonds in Feb 2011. SBI Bond issue was oversubscribed in 2010. Some Details of this issue are as follow: Start Date : 21 Feb 2011. Closing Date : 28 Feb 2011 Allotment : First Come First Served Basis. Interest…