Monday, December 26, 2011

Tax free bonds

A recent advertisement in the newspaper talked about the NHAI tax free bonds for a period of 10 and 15 years at a tax free coupon rate of 8.2% and 8.3%.- Tax Free!

These are great to invest for long term and get you a great fixed income product.. Much better than the insurance products that one mat find in the market.

These are also available in demat form and are going to be listed on BSE and NSE.

These are open from 28th dec to Jan 11th on a first come first serve basis- so dont think they will wait for the 11th jan to close this- if they have their funds that they need by then- they will close it.

Great one to invest in

Happy investing

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