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.
Lets have a look at the rest of the details of the IDFC second tranche bonds
|Issue Open Date||11th January, 2012|
|Issue Close Date||25th February, 2012|
|Face Value Of Bond||Rs 5000|
|Interest Payment||Annual/ Cumulative|
|Buyback Allowed||Yes, But After 5 Years|
|Minimum Application||2 Bonds|