// Last date of IDFC Bonds is extended to:05th March 2012.
//Last Date of L&T Bonds is extended upto 12th March 2012.
IDFC and L&t are coming up with their next series of infrastructure bonds.Both of them have completed their first series in december.
Details of IDFC Infra Bonds Tranche-2:
- Issue Start Date:January 11,2012.
- Issue Close Date:Feb.25, 2012.
- Credit Rating: “AAA” by ICRA and FITCH (Ind).
- Bond Tenor: 10 Yrs with Buy back facility after 5th and 7th Year from date of allotment.
Rate of Interest:
Series | 1 | 2 |
Interest Payment | Annual | Cumulative |
Rate Of Interest | 8.70% | 8.70% |
Details Of L&T Infra Bonds Tranche-1 January 2012:
- Issua Start Date:10th January 2012.
- Issue End Date:11th Feb. 2012.
- Credit Rating: AA+ by CARE and ICRA.
- Face Value: Rs.1,000/-.
- Bond Tenor:10 yrs with buy back facility after 5th and 7th year.
Rate Of Interest:
Series | 1 | 2 |
Interest Payment | Annual | Cumulative |
Rate Of Interest | 8.70% | 8.70% |
For application forms,collection centre in your city and more details you can call me Paresh: 9225965529[Pune].
Also Read:
How to download application form of IDFC and L&T
I Intrest to Infrastructure Bond
These bonds were for last financial year only..not available for this & next year also.
Either
Interest rates are good and buyback facility is also there. I think wiser decision will be to invest in infra bonds.But which credit rating is most trusted.
Should i go with IDFC or L&T ?