BOND DETAILS
REC Limited 8.97% Bond · 28 Mar 2029
INE020B08BP9UnsecuredReported as listedAnnual coupon rate8.97%On face value · not yield
Maturity date28 Mar 2029
2.5 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
- 28 Mar 2019
- Security
- Unsecured
- Seniority
- Subordinate Tier 2
- Day-count convention
- Not available
- Reported tax category
- Taxable
Interest & repayment
Interest payments
PAYABLE ANNUALLY ON 28TH MARCH EVERY YEAR TILL 28-MAR-29
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
- INE020B08BP9
- Debenture trustee
- Beacon Trusteeship Ltd
- Registrar
- KFIN TECHNOLOGIES PRIVATE LIMITED
- NSE · reported status
- Listed
- BSE · reported status
- Listed
- Security name
- REC LIMITED SERIES 175 8.97 BD 28MR29 FVRS10LAC
- Bond description
- 8.97% UNSECURED RATED LISTED REDEEMABLE SUBORDINATED TIER II NON CONVERTIBLE TAXABLE BONDS 2029 SERIES 175. MATURITY DATE : 28/03/2029
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