871REC28871REC28871REC28

871REC28

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Key terms


Outstanding amount
Face value
1,000.00INR
Minimum denomination
1,000.00INR
Coupon
8.71% (Fixed)
Coupon frequency
Annual
Yield to maturity
5.27%
Maturity date
Sep 24, 2028
Term to maturity
3 years

About 871REC28


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Sep 24, 2013
ISIN
INE020B07HS2
FIGI
BBG005D6P495
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.