Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) Hudco tax-free bonds 2013 STATE-OWNED Housing and Urban Development Corporation ( Hudco ) plans to raise Rs 2,439 crore from an issue of tax-free bonds starting December 2, its second tranche of such securities in this financial year. The company had raised Rs 2,370 crore in the first tranche of tax-free bonds launched in September. The finance ministry has allowed Hudco to raise Rs 5,000 crore through bonds in 2013-14. The company raised Rs 190.8 crore in August through a private placement with institutional investors. The size of the tax-free bond issue is Rs 500 crore, with an option to retain oversubscription of up to Rs 2,439.2 crore, Hudco said in a statement. The issue will open for subscription on December 2, and is scheduled to close on January 10, 2014. The bonds under the issue ...
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