| Benefits of Investing in Tax Free Bonds in 2013 |
- Superior tax-free interest income as compared with bank fixed deposits where interest rate is taxable
- Attractive interest rates to the retail individual investors
- Low-Risk option for long term savings
- Good investment option for higher tax brackets
- Interest rates are expected to come down in coming years
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| Why Invest in HUDCO Tax Free Bonds? |
- HUDCO is a wholly-owned Government of India undertaking providing long term finance for the urban development programmes in the country.
- These bonds are Tax Free, Secured, Redeemable, Non-Convertible Bonds, High Coupon rates.
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| Issue Opens on 17th September, 2013 |
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| Tenor | 10 Years | 15 Years | 20 Years |
| Coupon Rate (p.a.) - Retail Individual Investors | 8.39% | 8.76% | 8.74% |
| Coupon Rate (p.a.) - Other than Retail Investors | 8.14% | 8.51% | 8.49% |
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