At ICICIdirect.com, choose from a varied Bond option available to suit your investment needs. A range of Bonds are available to choose from RBI Bonds, Corporate Bonds, Sovereign Gold Bonds and Capital Gains Bonds.
| Bonds | Issue Details | Coupon | Rating | Tax Benefit | Tenure | Action | Application Form |
|---|---|---|---|---|---|---|---|
| Rural Electrification Corporation | On-Going | 5.25% p.a. | AAA Rating | Taxable Bonds with benefits under Section 54 EC of Income Tax Act, 1961 | 5 Years | Buy | |
| Power Finance Corporation | On-Going | 5.25% p.a. | AAA Rating | 5 Years | Buy | ||
| Indian Railways Finance Corporation | On-Going | 5.25% p.a. | AAA Rating | 5 Years | Buy |
| Issuer | Government of India |
|---|---|
| Cut Off Price / Yield | In case of a re-issuance, Weighted Average Price of allotment to competitive bidders. In case of primary issuance, Weighted Average Yield of allotment to competitive bidders. |
| Cost of Security | Cut Off Price + Accrued Interest + Commission/Brokerage (0.06 per Rs 100) |
| Interest Payment | Half Yearly, Interest to the holders will be paid from date of allotment/issue up to next interest payment date and thereafter half yearly till the maturity date. |
| Risks Attached | Interest Rate Risk |
| Minimum Investment (Face Value) | Rs 10,000/- |
| Issuer | Government of India |
|---|---|
| Cut Off Price / Yield |
In case of Uniform Price Auction, bids at minimum discounted price determined at the auction, irrespective of bid prices tendered. In case of Multiple Price Auction, bids up to minimum discounted price determined at the auction, at bid prices tendered at the auction. Bids at offer prices lower than the cut off price will be rejected in case of both uniform and multiple price auctions. |
| Cost of Security | Cut Off Price + Commission/Brokerage (0.06 per Rs 100) |
| Minimum Investment (Face Value) | Rs 10,000/- |
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