After L&T Infra Bond & IDFC Infra Bond third Private placement Infra Bond Issue coming for subscription.
Issue Open Date : 30 Nov 2011
Close Date : 16 Jan 2012
Extended closing date 08 Feb 2012
Extendend to
Issue Open Date : 30 Nov 2011
Close Date : 16 Jan 2012
Extended closing date 08 Feb 2012
Extendend to
Eligible Investors | Resident Indian Individuals (Major) and HUFs through Karta of the HUF |
Rating | 'BWR AA-' by Brickwork Ratings India Pvt. Limited CARE‘A+’ by CARE Ratings (Credit Analysis & Research Ltd.) 'LA' by ICRA Limited |
Face Value | Rs. 5,000/- per bond |
Minimum Application | Rs. 5,000/- (i.e. 1 Bond) |
Option for Subcription | I | II | III | IV |
Frequency of Interest | Cumulative | Annual | Cumulative | Annual |
Coupon % | 9.09% | 9.09% | 9.16% | 9.16% |
Maturuity Date | 15 Feb 2022 | 15 Feb 2022 | 15 Feb 2027 | 15 Feb 2027 |
Buyback Date | 15 Feb 2017 & 2019 | 15 Feb 2017 & 2019 | 15 Feb 2017 & 2022 | 15 Feb 2017 & 2022 |
Lock in Period | 5 year from deemed date of allotment | |||
Allotment Date | 15 Feb. 2012 |
IFCI definitely looks the best of the lot with its high interest rate.
जवाब देंहटाएंBetter to invest now rather than wait for higher interest yielding bonds which is unlikely.
Regards,
Srikanth matrubai