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!!