Security Name: 8.56% REC Limited 29 Nov 2028

ISIN: INE020B08BG8

Taxable

Tax Category

29 Nov, 2028

Maturity Date
(3 Yr 3 Mo 8 D to mature)

Half Yearly

Interest Payment Frequency

Yes

NRI Eligibility

29 Nov, 2018

Allotment Date

Put Date

29 Nov, 2025

Next Interest Payment Date

15 days

Shut Period

Both

Active on NSDL/CDSL

Non-Guaranteed

Type of Guarantee

Perpetual

Private Placement

Mode of Issue

Listed

Listing Details

Public Sector Undertaking

Type of Issuer

Quote Not Available

Dirty Price

8.56%

Coupon

Fixed Interest

Coupon Basis

Quote Not Available

Current Yield

14 Nov, 2025

Record Date

YOUR EARNING

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Your Investment

Final Payout

₹0

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*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)

YOUR RISK

Repayment Priority

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

Security with Collateral?

An investment secured with collateral helps

ISSUER

Rural Electrification Corporation Limited

REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC).REC was incorporated in 1969 in the backdrop of severe drought and famine in the country, to energise agricultural pump-sets for irrigation purposes, thereby reducing the dependency of agriculture on monsoons.

The ratio in FY24 is 9.18x and it was 9.97x in FY23. It indicates that the debt level is decreasing due to increase in the profitability of the issuer.

Debt/EBITDA

The ratio in FY24 is 1.59x and it was 1.58x in FY23, indicating almost no changes in the debt servicing ability of the issuer due to increase in profit.

Interest coverage ratio

Rural Electrification Corporation avails green loan of USD 200 mn from Deutsche Bank

Jul 11, 2024 | Rural Electrification Corporation Limited

Maharatna PSU infra firm REC's profit spikes as lender recovers unpaid dues

Apr 20, 2024 | Rural Electrification Corporation Limited

REC Seeks Bids For Deep Discounted Bond Issue On Sept. 30

Sep 30, 2024 | Rural Electrification Corporation Limited

Clean Price

Yield (YTM)

Principal Amount

Accrued Interest from

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Number of bonds

BOND VALUE DETAILS

Face Value

Market Value

Stamp Duty

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as on Invalid date

as on Aug 21, 2025

Total Investment

Cashflow for INE020B08BG8

Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR).

Security Name
8.56% REC Limited 29 Nov 2028

Credit Rating
AAA Stable by CRISIL AAA Stable by ICRA

Coupon Frequency
Half Yearly

Face Value
₹10,00,000

Coupon
8.560000%

YTM or YTC
YTM

Maturity Date
29/11/2028

Security
Senior Unsecured

No. of Bonds
1

Settlement Date

Principal Amount
₹NaN

Accrued Interest
₹0

Stamp Duty
₹0

Total Amount Payable
₹NaN

Price
₹NaN

Yield
%

Year	Payment Date	Amount	Amount after TDS	Payout Type

Quote Not Available for purchase

Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.

Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.