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    HomeNewsBusinessCompaniesIDFC to sell tax-free infra bonds from Jan 17

    IDFC to sell tax-free infra bonds from Jan 17

    Infrastructure Development Finance Company said on Wednesday it will open sale of tax-free infrastructure bonds with a face value of Rs 5,000 each on January 17, raising upto Rs 2929 crore for the firm.

    January 05, 2011 / 11:18 IST
       
       
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      Infrastructure Development Finance Company said on Wednesday it will open sale of tax-free infrastructure bonds with a face value of Rs 5,000 each on January 17, raising upto Rs 2929 crore for the firm.


      The issue, a second such bond sale by the firm in last six months, will close on February 4, it said in an exchange filing.

      Last year, it sold first tranche of infrastructure bonds evincing heavy retail demand.

      first published: Jan 5, 2011 11:09 am

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