FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. P Badala   I Like It. |Report Abuse|  Link|September 28, 2011 9:24:10 PMReply
Dear Raj
your question is very valid one and reason for the difference is also very logical,it is besacuse how strong is the companys balance sheet and the second factor you must take into account about STFC NCD is how much intrest has been accrued and what is the perodicity of intrest payment, in case of STFC Listed NCDs are having quarterly intrest payment, half yearly intrest payment and yearly intrest payment as well as commulative that to again compounded quarterly,half yearly& annualy. when you compair two instrument along with companys financial sound ness,atteractiveness of intrest payment option will decide the market rate.