Saving-Ideas.com

Icon

Personal Finance Blog India –

NHPC Tax Free Bond Issue Oversubscribed while PFC Issue Very Close To complete subscription:


Tax free issues launched in the financial year 2013-2014 have continued to get the response from the investors.

After good response to other issues ,NHPC issue have been over subscribed and last date of the issue have been revised to 23/10/2013 though investors can apply on last day.. chances of the allotment  are much lower.

while writing this post PFC issue was also near to complete subscription (category II and III subscribed and category IV subscribed more than 60%) and can pre-close earlier soon.

Investors have responded to these issues following high safety and good tax free yield for the long term like 15-20 years.These issues have provided a good option of pension like tax free annual income and issues of the well known companies have subscribed within few days.

Both issues were scheduled to close on November 11, 2013.


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

5 visitors online now
1 guests, 4 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.
5 visitors online now
1 guests, 4 bots, 0 members
Max visitors today: 20 at 01:28 pm UTC
This month: 39 at 06-07-2017 08:08 am 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!!!