Tax Free Bond - Public Issue

Coupon Chart

Category	HUDCO	IIFCL	PFC
Retail
10year	8.39%	8.26%	8.43%
15year	8.76%	8.63%	8.79%
20year	8.74%	8.75%	8.92%
HNI
10year	8.14%	8.01%	8.18%
15year	8.51%	8.38%	8.54%
20year	8.49%	8.50%	8.67%
Rating	AA+	AAA	AAA
Issue Opens	17-Sept-13	03-Oct-13	14-Oct-13
Issue Closes	14-Oct-13	31-Oct-13

SAMPLE ILLUSTRATION FOR COMPUTATION OF PRE TAX YIELD 
(Assuming that investment is made out of owned funds)

For Individual
Tenure	10Year	15Years	20Years
Coupon Rate on Bonds	8.39%	8.76%	8.74%
Pre-tax yield (annualized)
a. Tax slab @ 30% plus surcharge @ 3%	12.14%	12.68%	12.65%
b. Tax slab @ 20% plus surcharge @ 3%	10.57%	11.03%	11.01%
c. Tax slab @ 10% plus surcharge @ 3%	9.35%	9.77%	9.74%

Scheme Features 

The Bonds are issued in the form of tax-free, secured, redeemable, non-convertible Debentures and the interest on the Bonds will not form part of the total income. Allotment shall be on first cum first serve basis The bonds are secured by way of floating first pari passu charge on the present and future receivables of the company to the extent of amount mobilized under the issue. Thesecurity cover will be at least 100% of the outstanding Bonds at any point in time. Bonds will be issued in Dematerialized form or physical form as specified by an Applicant in the Application Form. The bonds will be listed on BSE and NSE will be available in Demat form facilitating trading of these bonds. Investors can pledge or hypothecate these bonds to avail loans.