PFS Long Term Infrastructure Bond Series 2
Do you want to save income tax under sec 80CCF and have exhausted all means and being financial year end, make use of PTC India Financial Services Ltd. (PFS) infrastructure bonds with a face value of Rs. 5000/- each. The option of annual and cumulative interest exists. It is likely to remain open till 29 February 2012 for subscription.
Aim of Infrastructure bonds
The aim of these PFS infrastructure bonds is that company has set up as a special purpose investment vehicle for providing total financing solutions to the energy value chain which inter-alia includes investing in equity and/or extending debt to power projects, which are working in generation, transmission, distribution, equipment manufacturers, fuel sources and EPC contractors and carbon credit finance.
Infrastructure Bond Rating
The bond has been assigned rating of ‘A+’ by CARE, ‘A+’ by ICRA and ‘AA’ by Brickwork
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