Bonds

PFC’s infrastructure bonds were offered for ten and fifteen years, and the company is now planning to buy back the bonds with shorter maturities, which will complete the minimum lock-in in April 2016. The buyback offer has an annual interest rate of 8.3 percent, which is 20 basis points lower than the bond coupon. What […]

Not a member yet? You don’t need to create an online profile to withdraw money from your or your child’s Premium Bonds. All you have to do is complete a little online form. Make sure you have access to your account information. Please note that in order to withdraw or close the account, you must

This is to inform investors that, as per the Information Memorandum of August 09, 2010, the opportunity to exercise the option of buyback is available for bonds held in Option I and II, as shown in the table below: If you wish to exercise the buyback option available in 2017, you must download and send

In addition, if a taxpayer is unable to invest the amount of capital gain in the year of transfer, he may deposit it in the Capital Gain Account plan before the ITR reporting deadline. The cash deposited, on the other hand, will be taxed if it is not invested in another property within the time

Please send the allotment advice / original bond certificate to the Registrar for the corresponding Series of bonds, as well as a request letter, to the address listed above, preferably with supporting documentation. Correction will be carried only after proper verification. What is the procedure for redeeming infrastructure bonds? Bonds are redeemed Registered bondholders relinquish

Bonds are redeemed Registered bondholders relinquish their legally discharged bond certificates (by signing on the reverse of the bonds with a Revenue Stamp of Re. 1/-) on the date of maturity. The redemption record date is one month before the deemed encashment / redemption date. What happens when infrastructure bonds reach their maturity date? As

Bonds are redeemed Registered bondholders relinquish their legally discharged bond certificates (by signing on the reverse of the bonds with a Revenue Stamp of Re. 1/-) on the date of maturity. The redemption record date is one month before the deemed encashment / redemption date. What is the procedure for redeeming IFCI infrastructure bonds? This

Savings bonds can be cashed in any bank for up to $1,000. After 30 years, how much is a $50 EE savings bond worth? Savings bonds are regarded as one of the most secure investments available. The underlying principle is that the value of a savings bond grows over time, but it’s easy to lose

Registered bondholders relinquish their legally discharged bond certificates (by signing on the reverse of the bonds with a Revenue Stamp of Re. 1/-) on the date of maturity. The redemption record date is one month before the deemed encashment / redemption date. After infrastructure bonds mature, what happens to them? As a result, the tax-advantaged

Don’t do anything. Until the bond matures, it will continue to receive interest. Our office will hold semi-annual interest payments and pay them when the bond is cashed. Reissue: Have the bond reissued in the name of the survivor. A coowner or beneficiary may be added to the bond by the new owner. Along with