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REC Limited 7.14% 2030 Bond

ISININE020B08CO0

REC LIMITED SR GOI-IX 7.14 BD 02MR30 FVRS10LAC

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
2 Mar 2020
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES GOI-IX
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

CARE AAA / StableIndia Ratings AAA / StableICRA AAA / StableCRISIL 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: CARE AAA/Stable;IND AAA/Stable;ICRA AAA/Stable;CRISIL 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 7.12% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 2 Mar 2030; final payment ₹10,71,400 per bond.

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