11 February 2014

Upcoming Bond Issues - Tentative Bond Updates

Please find the latest updates with regards to the forthcoming Tax Free Bond Issues, will be sending detailed updates as the same gets finalized:

Public Issue of Tax Free Bonds: 

Issuer
Issue Size
 (Apprx. Rs. In Crore)
Rating
Tentative Launch Date
Tentative Coupon Rate (%p.a.)*
Retail
QIB/Corporate/HNI
10Y
15Y
20Y
10Y
15Y
20Y
IREDA Tax Free Bonds
1000
"AAA (SO)" by Brickwork & CARE
Feb 17th, 2014
8.41
8.80
8.80
8.16
8.55
8.55
Ennore Port Ltd. Tax Free Bonds
500
"AA" by CARE & CRISIL
Third Week of Feb 2014
8.61
9.00
9.00
8.36
8.75
8.75
HUDCO Tax Free Bonds – Tranche III
285
"AA+" by CARE & IRRPL
Third Week of Feb 2014
8.51
8.90
8.90
8.26
8.65
8.65
IIFCL Tax Free Bonds – Tranche III
2800
“AAA” by CARE, ICRA, IRRPL & BWR
Feb 17th, 2014
8.41
8.80
8.80
8.16
8.55
8.55
IRFC Tax Free Bonds – Tranche II
4800
“AAA” by CRISIL, CARE & ICRA
Last week of Feb 2014
8.41
8.80
8.80
8.16
8.55
8.55

*These are the tentative coupon rates based on ROC filing in the current week.

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