REC Limited - INE020B08FA2
Other Financial Institutions
corporate
Coupon Rate
7.59%
Maturity Date
31 May 2027
ISIN
INE020B08FA2
Face Value
₹1,00,000
About Issue
This AAA rated bond from REC Limited, a corporate, offers a Fixed coupon of 7.59% with maturity on 31 May 2027. Issued through the Private placement as under ISIN INE020B08FA2, 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
508.00 Cr
Allotment Date
27 Aug 2024
Remaining Tenure
22M
Security Name
REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
04 Oct 2024
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