REC Limited

Other Financial Institutions

corporate

Tenure
3Y 6M
About Issuer
This AAA rated bond from REC Limited, a corporate, offers a Fixed coupon of 8.25% with maturity on 26 September 2029. Issued through the Private placement as under ISIN INE020B08EN8, 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.
Summary
Interest
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
8.25%
FACE VALUE
₹10,00,000
MATURITY DATE
26 Sep 2029
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE020B08EN8
Credit rating
Rating
CARE AAA
Rating Agency
CARE Ratings
Date of Rating
29 Mar 2024
Other details
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