IndiGrid NCD issue opens; chance to lock-in 8.2% yield on ‘safest’ paper

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NEW DELHI: The public issue of non-convertible debt (NCD) securities by IndiaGrid, an infrastructure investment trust that owns a number of assets in the power sector, opened for subscription on Wednesday. The NCD promises up to 8.2 per cent interest per annum, a considerably high yield on a paper with highest rating in a low … Read more