8.80% REC 2029

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

INE020B08BS3

Minimum Investment

1000000

Coupon

8.8%

YTM

7.58%

Payment Term

ANNUAL

Face Value

1000000

Taxable

YES

Perpetual

NO

Maturity Date

14/05/29

Remaining Period

Issue Date

14/05/19

Interest Payment Date

-

Credit Rating

Debit Quality

Security

This Bond is Unsecured

Indicative Cashflow
Cash Flow

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