BOND DETAILS
REC Limited 8.85% Bond · 16 Apr 2029
INE020B08BQ7UnsecuredReported as listedAnnual coupon rate8.85%On face value · not yield
Maturity date16 Apr 2029
2.6 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
Bond terms
- Coupon frequency
- Annual
- Interest type
- Fixed Interest
- Face value
- ₹10,00,000
- Allotment date
- 16 Apr 2019
- Security
- Unsecured
- Seniority
- Not available
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
ANNUALY ON 16TH APR EACH YEAR STARTING FROM 16-APR-20 AND SO ON
Redemption terms
N.A.
Call provisions
Call terms are not available. Check whether the issuer can repay the bond early.
Put provisions
Put terms are not available. Check whether you can request early repayment.
Credit ratings
| AGENCY | RATING | RATING DATE | OUTLOOK |
|---|---|---|---|
| ICRA LIMITED | AAA | 2 Apr 2024 | Not available |
Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings
Issuer & listing details
- Issuer
- REC Limited
- ISIN
- INE020B08BQ7
- Debenture trustee
- Beacon Trusteeship Ltd
- Registrar
- KFIN TECHNOLOGIES PRIVATE LIMITED
- NSE · reported status
- Listed
- BSE · reported status
- Listed
- Security name
- REC LIMITED SR 176 8.85 BD 16AP29 FVRS10LAC
- Bond description
- 8.85% UNSECURED LISTED REDEEMABLE NON CONVERTIBLE NON CUMULATIVE TAXABLE BONDS IN THE NATURE OF DEBENTURE. SERIES 176. DATE OF MATURITY 16/04/2029
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