POSTED BY November 27, 2013 6:22 pm ONE COMMENTON
We have seen interest rates offered by tax free bonds have gone up these days. Now we have Hudco tranche II offering 9.01% for retail category for 20 yrs and NHPC giving 8.91% for the same.
Is it like the interest rates are peaking and we should bag the deal or we can wait and more issues with similar/higher interest rates can be expected?
If they are very lucrative deal, then can these tax free bonds become a major part of one’s debt portfolio assuming one doesn’t need money for 10-20 years?
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One reply on this article “Tax free bonds – Hudco tranche II and NHPC”
Dear Harish, how high the rates can go from here? If you do have money, park at least some amount if not all in these bonds (money meant for such bonds).