|
| |
- Tax Saving Bond
- Regular Income
Bond
Tax
Saving Bond
The investor can
choose any/all of the following options in respect of Tax Saving
Bond :
|
Option
|
I
|
II
|
III
|
IV
|
| Tax Benefit
under Section |
88
|
88
|
88
|
88
|
| Issue
Price (Rs.) |
5,000
|
5,000
|
5,000
|
5,000
|
| Face
Value (Rs.) |
5,000
|
6,200
|
5,000
|
7,050
|
| Tenure |
3
years
|
3
Years 4 Months
|
5
Years
|
5
Years 4 Months
|
| Interest
(%) (p.a.)* |
6.75
|
DDB@(YTM
6.7 %)
|
6.75
|
DDB@(YTM
6.7 %)
|
| Interest
Payable |
Annually
|
DDB@
|
Annually
|
DDB@
|
| Yield
to Investor (%) * + # (Including Tax Benefits) |
13.5 |
12.3 |
11.0
|
10.1 |
| Interest
Payment Dates |
May
01 |
DDB@ |
May
01 |
DDB@ |
| Redemption
date |
April
03, 2006
|
August
03, 2006 |
April
03, 2008
|
August
03, 2008
|
|
| |
|
| @
|
Tax
Saving Bond Options II and IV are in the nature of Deep
Discount Bond (DDB), hence no periodic interest is payable |
| * |
Subject
to TDS as per the then prevailing tax laws. |
| + |
The
yield has been calculated considering the tax rebate of
15% available to the investor and assuming that a surcharge
of 5% of tax is payable in case of all the options |
| # |
Rounded
off to nearest multiple of 0.1. |
Top
Regular Income
Bond
Face Value : Rs. 5,000/-
Redemption : At Face Value,
i.e., Rs. 5,000/
The investors can choose any/all
of the following options in respect of payment of interest:
| Option |
I |
| Issue
Price (Rs.) |
5000/-
|
| Face
Value (Rs.) |
5000/- |
| Tenure |
7 years
|
| Interest
(%) (p.a.)* |
6.75
|
| Interest
Payable |
Annually
|
| Yield
to Investor (%)*# |
6.8 |
| Interest
Payment Dates |
May
01 |
| Redemption
date |
April
03, 2010
|
|
| * |
Subject to TDS as per the then prevailing
tax laws. |
# |
Rounded off to the nearest multiple of
0.1. |
Top
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