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<h1>Zero coupon bond notification requires application with prescribed applicant, bond, project and investment details and regulatory undertakings.</h1> Application for notification of a zero coupon bond requires prescribed applicant particulars and bond details, disclosure of proposed investments and project plans, sources of funds, management responsible for execution, and annexures (incorporation, approvals, objects, organisation chart, project report, power of attorney). The applicant must undertake that proceeds will be invested in accordance with the applicable rule, and infrastructure debt funds must maintain a sinking fund for interest to be invested in government securities.
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