8.06% Rural Electrification Corporation Ltd 2023

About Issuer

REC Limited, formerly Rural Electrification Corporation Limited is a subsidiary of Power Finance Corporation Limited which is in turn under the ownership of Ministry of Power, Government of India. It finances and promotes power projects across India.
Overview

ISIN

INE020B08849

Minimum Investment

10,00,000.00

Coupon

8.06%

YTM

%

Payment Term

ANNUALLY

Face Value

10,00,000.00

Taxable

YES

Perpetual

NO

Maturity Date

31/05/23

Remaining Period

Issue Date

31/05/13

Interest Payment Date

31 May

Credit Rating

Debit Quality

Security

This Bond is Unsecured

Seniority

Subordinate Tier 2

Indicative Cashflow
Cash Flow

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