REC Limited - INE020B08CI2

Other Financial Institutions

corporate

Coupon Rate
7.89%
Maturity Date
31 Mar 2030
ISIN
INE020B08CI2copy
Face Value
₹10,00,000
About Issue
This AAA rated bond from REC Limited, a corporate, offers a Fixed coupon of 7.89% with maturity on 31 March 2030. Issued through the Private placement as under ISIN INE020B08CI2, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
CARE AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
1100.00 Cr
Allotment Date
18 May 2023
Remaining Tenure
4Y 9M
Security Name
REC LIMITED SERIES 188B 7.89 NCD 31MR30 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
04 Oct 2024
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