Thursday, December 29, 2011

NHAI Tax Free Bonds

Posted on MarketFastFood.........

Invest in NHAI – National Highways Authority of India Tax Free Bonds

Options

Series – I Series – II

Face Value Rs.1000/- Rs.1000/-
Coupon Rate 8.2% 8.3%
Tenor 10 Yrs 15 Yrs
Interest Payment Annual Annual

*Minimum Investment Rs.50000/- *Rated Highest by Crisil and Care *Will get listed on BSE and NSE *Issue open currently will close on 11/Jan/2012 (last date for us 10th)

VRIDHI’s point of view: The Post-Tax Yield from these Bonds will be higher for the Investors in the 20% and 30% Tax Bracket & wanting to invest in fixed deposits.

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