POSTED BY October 21, 2010 8:06 am COMMENTS (5)ON
I have 5L which I mobilized to apply for SBI bonds as they didn’t offer online I didn’t apply. I am thinking of buying the TATA CAPITAL NCD from the open market what is ur take on this.
I am planning to buy TATA NCD option 4 (commulative), coupon rate for this is 12% and its currenlty trading @ 1261. It was offered at 1000 rupees during March 2009.
call option for this scheme is after 36 months so I have another atleast 15 months to go in case if TATA CAPITAL decided to exercise the call option.
I already hold 100 units of TATA NCD Option 3.