Deduction - The Long Term Infrastructure Bond.

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....g-term infrastructure bonds for the purposes of the said section, namely:-  (a)  Name of the bond - The name of the bond shall be "The Long Term Infrastructure Bond"  (b)  Issuer of the Bond - The Long Term Infrastructure Bonds to be issued in the financial year 2011-12 shall be issued by -    1.  The Industrial Finance Corporation of....

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....d during the financial year 2011-12; (ii) the volume of issuance during the financial year shall be restricted to twenty-five per cent of the incremental infrastructure investments made by the issuer during the financial year 2010-11; (iii)'investments' for the purposes of this limit shall include loans, bonds, other forms of debt, quasi-equity, preference equity and equity.  (d) &nbs....

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....l maturity as reported by the Fixed Income Money Market and Derivatives Association of India (FIMMDA), as on the last working day of the month immediately preceding the month of the issue of the bond;  (g)  End-use of proceeds and reporting or monitoring mechanism - (i) The proceeds of the Bond shall be utilized towards 'infrastructure lending' as defined by the Reserve Bank of I....