IIFCL Tax Free Bonds Tranche 1 – Oct 2013 – Details
Review of - IIFCL Tax Free Bonds - Tranche III - February 2014
India Infrastructure Finance Company proposes to raise upto Rs 500 crore with an option to retain over subscription upto Rs 2,000 crore aggregating to Rs 2,500 crore through tax free bonds issue of secured redeemable non-convertible debentures. (Tranche I)
The tax free bonds issue would open from 03-Oct-2013 and closes on 31-Oct-2013
Indian Infrastructure Finance Co Ltd (IIFCL)
Tax Free Bonds - Tranche I
Details
Series I
Series II
Series III
Tenor
10 Years
15 years
20 years
Interest Paid
Annual
Annual
Annual
Coupon Rate
8.26%
8.63%
8.75%
Effective Pre-Tax Yield
(30% tax slab)
11.95%
12.49%
12.66%
Effective Pre-Tax Yield
(20% tax slab)
10.40%
10.87%
11.02%
Effective Pre-Tax Yield
(10% tax ...