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REC Limited 5.25% 2029 Bond

ISININE020B07NN1

REC LIMITED SR XVII 54EC 5.25 BD 28FB29 FVRS10000

REC Limited is a listed issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 138 of its bonds.

Key terms

Issue date
29 Feb 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (non-EBP)
Series
XVII
Sector
Non-Banking Financial Company (NBFC)

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

CRISIL AAA / StableICRA AAA / StableCARE AAA / StableIndia Ratings AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CRISIL AAA/Stable;ICRA AAA/Stable;CARE AAA/Stable;IND AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 5.24% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

5 scheduled payments through 28 Feb 2029; final payment ₹10,525 per bond.

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