Details Of HUDCO – Tax Free Bonds January 2013 :

HUDCO – Housing & Urban Development Corporation – Fully Govt owned company involved in Financing of Housing & Urban infrastructure in India.

HUDCO will issue bonds of Tax free in nature in January 2013.

Details of HUDCO – Tax Free Bonds Issue

• Issue Open Date – January 09, 2013.
• Issue Close Date – January 22, 2013.
• Issue Size – Issue size of Rs.750/- crore with option to retain oversubscription upto shelf limit.
• Credit Rating – CARE AA+ & IND AA+ from IRRPL.
• Security Cover – At least 100% of the outstanding bonds at any point of time in future.
• Frequency Of Interest payment – Annual.
• Face Value – 1000/-
• Min application – 05 bonds.
• Bonds will be issue demat or physical form as opted by investor.

Interest Rates:

Options	Series-I	Series-II
Tenor	10 yrs	15 yrs
Coupon rate for Individuals applying for up to Rs 10 lakh	7.84%	8.01%
Coupon Rate for Others	7.34%	7.51%

Other Tax free bond  issues -2012-13:

REC Tax Free Bonds Dec 2012 :

PFC Tax Free Bonds Dec 2012:

IIFCL Tax Free Bonds: