IFCI- Industrial Finance Corporation of india
LIC - Life Insurance Corporation of India
IDFC - Infrastructure Development Finance Company
NBFCs classified as Infrastructure Finance Company by RBI .
These bonds will mature after a period of 10 years. But the investors can exit from the bonds after the 5 year lock-in period.IFCI bond is now closed for subscription. Only IDFC infrastructure bond and REC infrastructure bond are currently open for subscription. The IDFC bond issue closes on February 04, 2011. The REC infrastructure bond isssue will close on March 28, 2011.
These bonds offer a yield of 8% compounded annually.
For details about REC infrastructure bonds click on http://www.recindia.nic.in/infra.html
For IDFC infrastructure bonds click on http://www.idfc.com/infrastructure_bonds.htm