POSTED BY June 1, 2011 10:42 pm ONE COMMENTON
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