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Next Series Of IDFC And L&T Tax Saving Infrastructure Bonds January 2012:


// Last date of IDFC Bonds is extended to:05th March 2012.

//Last Date of L&T Bonds is extended upto 12th March 2012.

IDFC and L&t are coming up with their next series of infrastructure bonds.Both of them have completed their first series in december.

Details of IDFC Infra Bonds Tranche-2:

  • Issue Start Date:January 11,2012.
  • Issue Close Date:Feb.25, 2012.
  • Credit Rating: “AAA” by ICRA and FITCH (Ind).
  • Bond Tenor: 10 Yrs with Buy back facility after 5th and 7th Year from date of allotment.

Rate of Interest:

Series 1 2
Interest Payment Annual Cumulative
Rate Of Interest 8.70% 8.70%

 Details Of L&T Infra Bonds Tranche-1 January 2012:

  • Issua Start Date:10th January 2012.
  • Issue End Date:11th Feb. 2012.
  • Credit Rating: AA+ by CARE and ICRA.
  • Face Value: Rs.1,000/-.
  • Bond Tenor:10 yrs with buy back facility after 5th and 7th year.

Rate Of Interest:

Series 1 2
Interest Payment Annual Cumulative
Rate Of Interest 8.70% 8.70%

For application forms,collection centre in your city and more details you can call me Paresh: 9225965529[Pune].

Also Read:

How to download application form of IDFC and L&T

 


Category: Fixed Income

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4 Responses

  1. PS Chaudhari says:

    I Intrest to Infrastructure Bond

  2. Interest rates are good and buyback facility is also there. I think wiser decision will be to invest in infra bonds.But which credit rating is most trusted.
    Should i go with IDFC or L&T ?

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