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IDFC 80CCF Infra Bonds – Tranche 2 Issue To Be Open on 11th January, 2012

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IDFC is going to launch the second tranche of their infrastructure bonds tomorrow on 11th January, 2012. This issue will stay open from January 11, 2012 to February 25, 2012. People interested investing under infrastructure bonds will find this issue secured as it scored AAA rating from ICRA and Fitch.

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Lets have a look at the rest of the details of the IDFC second tranche bonds

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Issue Open Date 11th January, 2012
Issue Close Date 25th February, 2012
Face Value Of Bond Rs 5000
Interest Payment Annual/ Cumulative
Tenor 10 Years
Interest Rate 8.70%
Buyback Allowed Yes, But After 5 Years
Minimum Application 2 Bonds

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