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PFC declares income tax saving infrastructure bond

Power Finance Corporation (PFC) declared the launch of its income tax saving infrastructure bond today with the offering set to raise Rs 5300 crore, the biggest among all recent bond issuances.

February 23, 2011 / 23:23 IST

Power Finance Corporation (PFC) declared the launch of its income tax saving infrastructure bond today with the offering set to raise Rs 5300 crore, the biggest among all recent bond issuances.

The bond will be issued in one or two tranches and will have a face value of Rs 5000.

Satnam Singh, CMD, Power Finance Corporation, said,

first published: Feb 23, 2011 10:26 pm

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