POSTED BY rakesh ON June 1, 2011 10:42 pm ONE COMMENT

IFCI has come up with these new bonds today.  The interest rate is 10.5 % p.a. for 10 years and 10.75 % p.a. for 15 years.  Inviting feedback from members whether one should invest in these bonds.  How safe and secure will be our money in these bonds? SBI had come up with similar bonds few months back with 9.5% p.a. interest.

This issue will definetely reduce the premium of SBI bonds


One reply on this article “IFCI TIER II SUBORDINATED BONDS – SERIES I”

  1. Rakesh this could be good option who are seeking LONG term investment and who keen on preserving the capital..yes ofcourse SBI bonds will suffer a bit..but cant say as SBI is Triple A rated…
    anyways one can invest but make sure you invest your need free capital considering future requirements,,
    Care Ratings : IFCI – A
    SBI 9.5% – AAA

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