|Tax Benefit under Section||88||88||88||88|
|Issue Price (Rs.)||5,000||5,000||5,000||5,000|
|Face Value (Rs.)||5,000||6,250||5,000||7250/-|
|Tenure||3 years||3 years 4 months||5 years||5 years 4 months|
|Interest (%) (p.a.)*||7.00||DDB@(YTM 6.9 %)||7.25||DDB@(YTM 7.2 %)|
|Yield to Investor (%) * + # (Including Tax Benefits)||13.8||12.6||11.6||10.7|
|Interest Payment Dates||March 01||DDB@||March 01||DDB@|
|Redemption date||February 26, 2006||June 26, 2006||February 26, 2008||June 26, 2008|
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The investor can choose any/all of the following options in respect of Tax Saving Bond :
@ 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.
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