Fixed Income Investing Series 29 REC Tax Free Bonds Invest now and sell after one year

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3rd August 2013

Fixed Income Investing Series 29   Hi Promofree TYPE ANY TEXT HERE OR DELETE THIS SENTENCE IF NOT REQUIRED REC Tax Free Bonds – Invest now and sell after one year REC is 100% central government owned PSU and is strategically important to the government in its power policy. REC has been consistently rated AAA and credit risk is low for the issuer.  However, the tax free status of the bond makes the pricing of the bond skewed, as it is has a coupon rate lower than that of the government bond that is risk free.  click here to read full analysis Arjun Parthasarathy www.investorsareidiots.com arjun@investorsareidiots.com Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles. © InvestorsAreIdiots.com. All rights reserved. Not interested in receiving emails from us? Click to unsubscribe.