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The tentative details of IRFC Tax Free issue Tranche II. March 2016

Issue Period – 10th March 2016 to 14th March 2016. Issue size: Rs 500 crore with the option to retain oversubscription upto Rs.2450 crore   Coupon rate                       Non Retail                           Retail 10 year                                 7.04%                                    7.29% 15 year                                 7.35%                                    7.64%   The buckets are as follows: QIB-