Economy, asked by ks2778734, 5 hours ago

1/25)
has tax free interest and maturity
amount.
Bonds
Public Provident Fund
Mutual fund
Fixed Deposit​

Answers

Answered by heroyar
0

Answer:

Essentials - Tax-free Bond

Coupon Rate (Returns)

7.07 %

Rating

CARE AAA

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity Date

Dec 21, 2025

4 years 5 months

Yield (Effective Returns)

4.35 %

Security Class

Bond

Next Interest Payment Date

Oct 15, 2021

Allotment Date

Dec 21, 2015

Call date

-

Put date

-

Calculate Investment

-

1

+

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 1,000

Market Value

₹ 1,108

Principal Amount

(Market value * no. of bonds)

₹ 1,108

Accrued Interest

till Jun 29, 2021

(Interest earned on the bond this year)

₹ 50

Total Investment

1,158

Buy this bond

Issue Details

Issue Size

4532 Crores

Public Issue

Listing details

Yes

Debenture Trustee

SBI CAP TRUSTEE CO.LTD

Issuer Details

INDIAN RAILWAY FINANCE CORPORATION LIMITED

Founded in 2006

Annual Revenue

₹ 87.65 Lakhs

-

Business Sector

Finance

Total Equity Valuation

₹ - Cr

Ownership

Public Sector Undertaking (PSU)

Factors

Yield

Low

Issue Size

Large

Rating*

AAA

Tax Saving

Yes

Issue Type

Public

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