Power Finance Corporation a Govt. of India company 8.16% -TAX Free Bond Issue
Power Finance Corporation a Govt. of India company 8.16% -TAX Free Bond Issue
Rating: AAA from CRISIL, LAAA by ICRA, CARE AAA by CARE
Instrument: Secured, Redeemable, Non convertible, Non Cumulative, tax free bonds in the nature of promissory note.
Tenure: a) Option I – 10 Years b) Option II – 15 Years
Coupon Rate: Option I – 8.09% Option II – 8.16%
Listing: The bonds are proposed to be listed on WDM segment of the NSE
Minimum Application SIZE: 1 Bond
Face Value: Rs100,000 per bond
Mode of Holding: DEMAT
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