Day: 8 December 2013

Review of -  IIFCL Tax Free Bonds - Tranche II - December 2013 India Infrastructure Finance Company proposes to raise upto Rs 1000 crore with an option to retain over subscription upto Rs 2,000 crore aggregating to Rs 3000 crore through tax free bonds issue of secured redeemable non-convertible debentures.  (Tranche II) The tax free bonds issue would open from  09-Dec-2013  and closes on 10-Jan-2014   (already oversubscribed - Rs 1000 crore on 1st day of opening) Indian Infrastructure Finance Co Ltd  (IIFCL)  Tax Free Bonds  - Tranche II Details Series I Series II Series III Tenor 10 Years 15 years 20 years Interest Paid Annual Annual Annual Coupon Rate 8.66% 8.73% 8.91% Effective Pre-Tax Yield (30% tax slab) 12.53% 12.63% 12.89% Effective Pre-Tax Yield (20% tax s...