LIC Infrastructure bonds may not come out this year

Reader Rakesh emailed me with a link to a Moneycontrol story about how LIC may not come out with an infrastructure bond issue by 31st March this year.

LIC is one of the institutions that’s approved to issue infrastructure bonds under Section 80CCF, and there were some news reports earlier that said they would come out with an option where they offer free term insurance along with the bond issue.

I know from comments and emails that a lot of you were waiting for the LIC infrastructure bond issue, so be warned that the chances of them actually coming out are quite low now, and if you’re interested in investing in infrastructure bonds, then it’s time to look at other options now.

Link to Moneycontrol Story

Link to Moneycontrol Video

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