Power Finance Corporation Limited (PFC Tax Free Bonds) Trache - 1

We take immense pleasure in informing that you can now apply for the Power Finance Corporation Limited (PFC Tax Free Bonds) Trache - 1 . The issue is opening on 14^th December 2012.

Sr. No.	Particulars	Rate/Date
1	Rate of Interest for 10 Years Tenure(	7.69% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.19% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
2	Rate of Interest for 15 Years Tenure	7.86% p.a. (payable annually) for Retail Applying for amount aggregating Upto Rs.10 lacs) and 7.36% p.a. (payable annually) for HNI Applying for amount aggregating to above Rs.10 lacs)
3	Credit Rating	„CRISIL AAA (Stable) by CRISIL Limited „ „ICRA AAA by ICRA Limited „
4	Date of Opening of Issue	14th December 2012
5	Date of Closing of Issue	21st December 2012
6	Trading	Proposed BSE Ltd.(‘’BSE’’)
7	Lock in period	Nil
9	Minimum Application Size	Rs 5000 (5 Bonds) and in multiple of Rs. 1000 (1 bonds) thereafter
10	Basis of Allotment	First-come First-serve basis

  

Please note that these bonds are not eligible for deduction u/s 80CCF of Income Tax Act.

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