BSNL Bond for Rs 8500 Crores for 10 years:

BSNL Bond with Govt Sovereign Guarantee got good response from the market. BSNL got the entire amount of Rs 8500 Crores for a comparatively good interest rate of Rs 6.79%. Some bidders quoted higher interest rate @ 6.9%. BSNL has to pay the interest half yearly. (Courtesy: SNEA Website)