28 December 2011

PFC TAX FREE BONDS

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 PFC is coming up with an issue of Tax Free Secured Non-convertible Bonds aggregating Rs 1,000 Crores.
Below are the details of the Issue:
PFC BOND
ISSUE OPENS30-Dec-11
ISSUE CLOSES16-Jan-12
PRICE BANDRs. 1000/-
MINIMUM APPLICATION10 Units [Rs. 10, 000] and in multiples of 5 Bond (Rs. 5000) each thereafter.
INTEREST RATE8.20% for 10 Years and 8.30% for 15 Years.
RATING“AAA/Stable” by CRISIL & “ICRA AAA” by ICRA

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