Explore / Results / RURAL ELECTRIFICATION CORPORATION LIMITED

RURAL ELECTRIFICATION CORPORATION LIMITED

Highest Safety

Highest Safety

ISIN

INE020B08EE7

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Essentials - Unsecured - Regular Bond/Debenture

Coupon Rate (Returns)

7.6900 %

Rating

CRISIL  AAA

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity Date

Jan 31, 2033

8 years 11 months

Yield to Maturity (YTM)

7.4500 %

Effective Returns

Security Class

Bond

Next Interest Payment Date

Jan 31, 2025

Allotment Date

Jan 12, 2023

Call date

-

Put date

-

Coupon Type

Fixed Interest

Calculate Investment

Minimum bond quantity is

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 1,00,000.00

Market Value

₹ 1,01,461.70

Principal Amount

(Market value * no. of bonds)

₹ 1,01,461.70

Accrued Interest
till Feb 27, 2024

(Interest earned on the bond this year)

567

Total Investment

₹ 1,02,029.00

×

Beacon Trusteeship Ltd

Issue Details

Issue Size

₹ 2004.40 Crores

Private Issue

Listing details

Yes

Debenture Trustee

Beacon Trusteeship Ltd

Issuer Details

REC LIMITED

Founded in 2006

Business Sector

Finance

KFIN TECHNOLOGIES PRIVATE LIMITED

Registrar Details

KFIN TECHNOLOGIES PRIVATE LIMITED

Ownership

Public Sector Undertaking (PSU)

Security Name

RURAL ELECTRIFICATION CORPORATION LIMITED SR 218 B 7.69 BD 31JN33 FVRS1LAC

RURAL ELECTRIFICATION CORPORATION LIMITED SR 218 B 7.69 BD 31JN33 FVRS1LAC

RURAL ELECTRIFICATION CORPORATION LIMITED SR 218 B 7.69 BD 31JN33 FVRS1LAC

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Issue Type

Private

*Rating Agency -CRISIL

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Issue Type

Private

*Rating Agency - CRISIL

What can I earn?

Your investment will yield regular returns across the tenure


Your Investment

₹ ₹ 1,02,029.00


Principal Amount

₹ ₹ 1,01,461.70

+

Accrued Interest

₹ 567

Final Payout


Principal Payout

₹ ₹ 1,02,029.00

+

Interest Payout

₹ 69,210.000000

Year

Payment Schedule (Date)

Interest Payout (₹)

2025

31 Jan

₹ 7,690.00

2026

31 Jan

₹ 7,690.00

2027

31 Jan

₹ 7,690.00

2028

31 Jan

₹ 7,690.00

2029

31 Jan

₹ 7,690.00

2030

31 Jan

₹ 7,690.00

2031

31 Jan

₹ 7,690.00

2032

31 Jan

₹ 7,690.00

₹ 0

Your Investment

Total Investment

₹ 1,02,029.00

Final Payout

Total Payout

1,69,210.000000

2025

2026

2027

2028

2029

2030

2031

2032

2033

Final Payout

Total Payout

1,69,210.000000

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

AAA

(Dec 28, 2023)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Under Watch

Not Applicable

Not Applicable

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Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

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Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

gurantee icon

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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