India Infrastructure Finance Company (IIFCL) today said it is exploring the possibility of giving guarantee to bonds issued by special purpose vehicles (SPVs).

"This study is at the initial stage and we would like to know whether by our intervention could improve the ratings of an SPV in a particular project so that it is able to satisfy the requirements of institutional investors in bonds," IIFCL chief general manager R Rajagopalan told reporters here.

Also Read   Related Stories News Now - Govt plans guidelines on 'takeout financing' - IIFCL to raise $1 bn to fund infra projects - Govt mulls Rs 50,000-cr debt fund for infra projects - IIFCL plans $1-billion bond issue - IIFCL posts two-fold jump in profit at Rs 152 cr - FinMin not keen to allow banks to issue tax-free infrastructure bonds

Also Read   Related Stories News Now - Markets end on a strong note - Axis Bank ties up with Bahrain's bank for remittance - Airtel rating unaffected by Qualcomm deal: Fitch - Lanco may exit road segment to focus on power generation - Ranbaxy gets US nod for acne treatment More

Since IIFCL is active in the infrastructure space, it would only deal with bonds in that sector, he added.

"We are working with Icra on whether this (guarantee to bonds) can be done and it will take at least 2-3 months to come to a final decision," he said.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end on a strong note - Axis Bank ties up with Bahrain's bank for remittance - Airtel rating unaffected by Qualcomm deal: Fitch - Lanco may exit road segment to focus on power generation - Ranbaxy gets US nod for acne treatment

Tags : IIFCL | guarantee | bonds | infrastructure | SPV | Icra   Read Business news in  Advertisements -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More