New Infra bonds out

Here is the list of open infra bonds where above the 1Lakh limit, you can save tax on a maximum of Rs 20,000 depending on your tax bracket.


if you are in the bracket more than 30% -- it makes a lot of sense to apply.

1) The Public Issue of PTC Long Term Infra Bonds has opend on 30^th December 2011 and Closes on 29^th February 2012 .

Issue Details -:

Issuer	PTC LONG TERM INFRASTRUCTURE BONDS
Issue opens	December 30, 2011
Face Value	Rs.5000/- per bond
Minimum application	1 Bond (Rs. 5,000/-) and in multiples of 1 Bond (Rs.5,000/-) thereafter
Interest p.a.	8.93% (10 Years)/9.15% (15 Years)
Tenure	10 Years / 15 Years
Credit Ratings	CRISIL AA/Stable” by CRISIL & “[ICRA] AAA” by ICRA
Basis of allotment	5 years fromt the deemed date of allotment

 

2) The Public Issue of REC Long Term Infra Bonds has opend on 19^th December 2011 and Closes on 10^th February 2012 .

Issue Details -:

Issuer	REC LONG TERM INFRASTRUCTURE BONDS
Issue opens	December 19, 2011
Face Value	Rs.5000/- per bond
Minimum application	1 Bond (Rs. 5,000/-) and in multiples of 1 Bond (Rs.5,000/-) thereafter
Interest p.a.	8.95% (10 Years)/9.15% (15 Years)
Tenure	10 Years / 15 Years
Credit Ratings	CRISIL AAA/Stable” by CRISIL & “[ICRA] AAA” by ICRA
Basis of allotment	5 years fromt the deemed date of allotment

 

3) The Public Issue of SREI Long Term Infra Bonds has opend on 31^th December 2011 and Closes on 31^th January 2012 .

  Issue Details -:

Issuer	PTC India Financial Services Ltd.
Issue opens	December 31, 2011
Face Value	Rs.1000/- per bond
Minimum application	1 Bond (Rs. 1,000/-) and in multiples of 1 Bond (Rs.1,000/-) thereafter
Interest p.a.	8.90% (10 Years)/9.15% (15 Years)
Tenure	10 Years / 15 Years
Credit Ratings	CRISIL AAA/Stable” by CRISIL & “[ICRA] AAA” by ICRA
Lock in Period	5 years fromt the deemed date of allotment

 

 

 

 

Happy Investing!!

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