Should You Go for Taxable Bonds?
Edelweiss Housing Finance’s public issue of secured redeemable non-convertible debentures (NCDs) worth Rs500 crore opened on 8th July and it closed on 12th July, on over-subscription. The allotment is on a ‘first-come-first-served’ basis. It offers attractive interest rates of up to 10% for 10 years, 9.75% for five years and 9.50% for three years. The rating is CARE AA, ICRA AA and BWR AA+ by...
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