IFCI Infra Structure Bonds (80CCF) Issue Open: Save Tax; Good Interest rate

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IFCI Infra Structure Bonds (80CCF)
Issue Opens: 5 Sept 2011
Issue Closes: 14 Nov
Issue Size: 200000 Nos. with Green Shoe option on over subscription

Basic Terms of Issue:

Interest Payment Frequency: Cumulative & Annual
Face value: (Rs./Bond) 5,000/
Minimum Application: One Bond
In Multiples of One Bond
Buy Back Option: Yes
Tenure: 10 Yrs. & 15 Yrs.
Coupon: 8.50 % per annum & 8.75% per annum


Buyback Date: December 12 of the Calendar years 2016 & 2018 (on 10 yrs term)
Buyback Date: December 12 of the Calendar years 2018, 2021 and
2023 (on 15 yrs term)

Buy Back Intimation Period:
August 12 to September 11 of Calendar years 2016 and
2018. (10 Yrs term)
August 12 to September 11 of Calendar years 2018,
2021 and 2023. (15 yrs Term)