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REC-8.88%-24-3-29-TFBONDREC-8.88%-24-3-29-TFBONDREC-8.88%-24-3-29-TFBOND

REC-8.88%-24-3-29-TFBOND

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Key terms


Outstanding amount
—
Face value
1,000.00INR
Minimum denomination
1,000.00INR
Coupon
8.88% (Fixed)
Coupon frequency
Annual
Yield to maturity
4.03%
Maturity date
Mar 24, 2029
Term to maturity
4 years

About REC-8.88%-24-3-29-TFBOND


Issuer
REC Ltd.
Sector
Finance
Industry
Finance/Rental/Leasing
Home page
recindia.nic.in
Issue date
Mar 24, 2014
ISIN
INE020B07IG5
REC Ltd. engages in the provision of financial services. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its services include loan for generation, transmission, and distribution projects. The company was founded on July 25, 1969 and is headquartered in Gurugram, India.

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