IRFC Tax Free issue will be opening for subscription on 21st January 2013 and closing on 29 January 2013.
Please find below the issue details.
Please note that FIIs and NRIs (on repatriation as well as non-repatriation basis) can invest in this issue.
Issue Name
|
IRFC Tax Free
| |
Issue Size
|
Rs.1000 crores with an option to retain oversubscription upto Rs.8886.40 crores
| |
Credit Rating
|
CRISIL AAA, ICRA AAA, CARE AAA
| |
Tenure
|
10 years
|
15 years
|
Coupon p.a.for Category I, II, III (QIB, HNI, Corporates)
|
7.18%
|
7.34%
|
Coupon p.a.for Category IV (Retail)
|
7.68%
|
7.84%
|
Frequency of interest payment
|
Annual
|
Annual
|
Face Value
|
Rs. 1,000
|
Rs. 1,000
|
Minimum App size
|
5 Bonds (Rs.5000) across both the series of Bonds
| |
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