State-run India Infrastructure Finance Company (IIFCL) is planning to raise Rs 12 billion through issue of tax-free bonds for funding infrastructure projects.
The issue opens on February 4 and closes on March 4. The company will issue 10-year bonds with 8.15% interest compounded annually and 15-year bond with 8.30%, it said in a statement.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
