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Tax free bonds – NHPC vs PFC – which is better?

Hi,

Both NHPC & PFC Tax free bond issues are open, with same interest rates.

I feel there’s very little to differentiate the 2, apart from issue size (PFC = 3875.9 cr, NHPC = 1000 cr).

I plan to invest in the 10 yr bonds. So would like to know which one you guys is better and why? Any points with regards to the company profiles, or do you feel both are equal and one can choose either?

Regards

Vaibhav

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