Power Finance Corporation Issues Zero Coupon Bonds Worth ₹10,000 Crore
| Aspect | Details |
|---|---|
| Why in News? | The Finance Ministry has notified the issuance of Zero Coupon Bonds by Power Finance Corporation (PFC). |
| Amount to be Raised | ₹10,000 crore |
| Issue Price | ₹50,454 per bond |
| Face Value | ₹1 lakh per bond at maturity |
| Maturity Period | 121 months (10 years and 1 month) |
| Issuance Deadline | On or before March 31, 2027 |
| Total Bonds to be Issued | 10 lakh |
| Target Investors | Long-term investors seeking lump sum payouts. |
| Taxation | - STCG (if sold before 12 months): Taxed as per investor's income tax slab. - LTCG (if held for more than 12 months): 12.5% tax rate. |
| Advantages | Guaranteed returns, low risk, portfolio diversification, and tax benefits. |