7.98% REC Ltd

About Issuer

REC is a Navratna Central Public Sector Undertaking under the Ministry of Power. It is a leading infrastructure finance company with a net worth of over ?50,000 crore (as on 31st March, 2022). They provide financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities through our extensive network of 22 offices across the country.
Overview

ISIN

INE020B08EJ6

Minimum Investment

10000000

Coupon

7.98%

YTM

7.91%

Payment Term

ANNUAL

Face Value

10000000

Taxable

Perpetual

Maturity Date

31/12/99

Remaining Period

Issue Date

28/04/23

Interest Payment Date

30 Apr

Credit Rating

Debit Quality

Security

This Bond is Unsecured

Seniority

Perpetual

Indicative Cashflow
Cash Flow

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