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Pulled this info from couple of sources… looks like they have exhausted their entire debt limit of 2500 crs. see the snip attached. The cost of recent issuance of 3 yr bond is 8.37% (Apr 2016), compared to 8.69% in Apr 2015. Regarding the question of tax free bond - to my knowledge recent issuance was by HUDCO in Mar 16 - 7.29% for 10 year bond and Canfin is majorly issuing in 3 yr tenor. (hope this data helps, i am new to this forum and this is my first post)