Exclusive: PFC Top Management On ₹5,000 Cr NCD Issue, Yields, Tenors And Investor Strategy

State-run Power Finance Corp (PFC) in Focus after the fim annouced the launch of Rs 5,000 crore secured Non-Convertible Debenture (NCD) issue. The issue will open on January 16 and close on January 30. Minimum application ammount is Rs 10,000 (10 NCD) and in multiple of Rs 1,000 (1 NCD) thereafter. However, in case of Series III NCDs (zero coupon NCD), the minimum application shall be 1 NCD and in multiple of 1 NCD thereafter. (For Series III NCDs, the minimum application amount shall be Rs 51,502.00 for Category I and II; Rs 51,263.00 for Category III and Rs 50,780 for Category IV Investors). Watch Exclusive Conversation with Parminder Chopra, Chairman & MD, PFC on Non-Convertible Debenture and Future Growth Plans Of The Company.