Saving-Ideas.com

Icon

Personal Finance Blog India –

Details Of HUDCO – Tax Free Bonds January 2013 :


HUDCO – Housing & Urban Development Corporation – Fully Govt owned company involved in Financing of Housing & Urban infrastructure in India.

HUDCO will issue bonds of Tax free in nature in January 2013.

Details of HUDCO – Tax Free Bonds Issue

  • Issue Open Date – January 09, 2013.
  • Issue Close Date – January 22, 2013.
  • Issue Size – Issue size of Rs.750/- crore with option to retain oversubscription upto shelf limit.
  • Credit Rating – CARE AA+ & IND AA+ from IRRPL.
  • Security Cover – At least 100% of the outstanding bonds at any point of time in future.
  • Frequency Of Interest payment – Annual.
  • Face Value – 1000/-
  • Min application – 05 bonds.
  • Bonds will be issue demat or physical form as opted by investor.

Interest Rates:

Options Series-I Series-II
Tenor 10 yrs 15 yrs
Coupon rate for Individuals applying for up to Rs 10 lakh 7.84% 8.01%
Coupon Rate for Others 7.34% 7.51%

Other Tax free bond  issues -2012-13:

REC Tax Free Bonds Dec 2012 :

PFC Tax Free Bonds Dec 2012:

IIFCL Tax Free Bonds:

 

 

 


Category: Fixed Income

Tagged:

Leave a Reply

Advertisement:

Categories

Categories

Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

9 visitors online now
1 guests, 8 bots

Disclaimer

Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
9 visitors online now
1 guests, 8 bots, 0 members
Max visitors today: 14 at 12:43 am UTC
This month: 40 at 11-17-2017 12:27 pm UTC
This year: 56 at 02-27-2017 10:53 am UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!