Power Finance Corporation Ltd., a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE134E08II2, with a face value of ₹10,00,000 rs on 16Aug16 to raise 1675 crores. The debt instrument is issued with a coupon rate of 7.63% and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Bond is 7.63% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. SERIES 150 B . DATE OF MATURITY 14/08/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 26Aug16 & on NSE stock exchange on 26Aug16. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 03Aug16. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.