Category: New Offering

Jan 26

IRFC Tax Free Bonds

Indian Railway Finance Corporation Ltd has come up with the Tax Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures The issue opens on January 27′ 2012 and ends on February 10′ 2012. The issue is secured and rated “CRISIL AAA/Stable” by CRISIL, “CARE AAA” by CARE & “[ICRA] AAA” by ICRA. INVESTMENT SERIES […]
Jan 24

NFO – Union KBC Dynamic Bond

Fund Open Date : 23-Jan-12 Fund Closing Date :  06-Feb-12 NFO Details  Company  Union KBC Asset Management Company Pvt. Ltd. Scheme Name  Union KBC Dynamic Bond(G) Scheme Type  Open ended scheme Benchmark Index  Crisil Composite Bond Fund Index Fund Manager  Parijat Agrawal Category  Long Term Income Initial Offer Price (Rs)  Rs. 10 Minimum Investment (Rs) […]
Jan 12

Tax Saving Bonds – IDFC Infra Bonds – Tranche 2

IDFC has come up with the second tranche of their infrastructure bonds The issue opens on January 11′ 2012 and ends on February 25′ 2012 (extended till 5th March). The issue is secured and rated ICRA ‘AAA’ and Fitch ‘AAA’ from ICRA and Fitch respectively. Issue Details: Options Series 1 Series 2 Face Value Rs. […]
Jan 1

Tax Saving Bonds – SREI Infra Bonds Tranche 1

SREI Infrastructure Finance (SIFL) has announced a public issue of long term infrastructure bonds with a face value of Rs 1000 each in the form of secured redeemable non-convertible debentures, to be issued in one or more tranches not exceeding Rs 500 crore for the fiscal 2011-12, having benefits under section 80CCF of the Income […]
Dec 27

Bonds – NHAI

National Highway Authority of India (NHAI) is usually known for issuing Section 54EC bonds, but for the first time they are issuing tax free bonds as well. Now, a lot of people confuse tax savings or no TDS with tax free, but these are truly tax free bonds, which means that the interest from these […]