Tapering is just postponed

Tapering is just postponed. Just 24 hours ago, all eyes were waiting for the US Fed announcement on whether the Fed will announce the reduction in their asset purchase program which could lead to high volatility across the world financial markets. The Fed has announced that it will look at this sometime in December.While the […]

HUDCO Tax Free Bonds (Sep 2013)

Housing and Urban Development Corporation Ltd (HUDCO) will be issuing tax free bonds from 17th September. HUDCO is a fully owned government company which enjoys healthy finances and business model. Hence these bonds are regarded as safe. Every year select few companies are selected to issue Tax Free Bonds. The Interest rate scenario changes periodically, […]