Will NTPC Tax-Free Bonds attract investors?
Tax-free offer of 7.36% to 7.62% may fail to attract retail investors even if it is a good option for those in the higher tax bracket, investing for long-term
NTPC tax-free bonds kick starts retail investor tax-free bond offerings after a waiting period of 18 months. In 2013-14, there was huge demand for tax-free bonds especially due to coupon rates of over 9% in few offerings. History tells...
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