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Instrument Details

ISIN: INE020B08724

Face value

₹5,000

Coupon rate

9.15%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Bond

Returns

High

Date of Issue

15 Feb 2012

Maturity Date

15 Feb 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

RURAL ELECTRIFICATION CORPORATION LIMITED SR-VII 9.15 BD 15FB27 FVRS5000
Rural Electrification Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE020B08724, with a face value of ₹5,000 rs on 15Feb12 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.15% and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Bond is 9.15% Unsecured Non-Convertible Long term Infrastructure Bond. Option VII. Date of Maturity 15/02/2027. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 29Mar17. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
01 Apr 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

9.15%

Returns

High

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU
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FAQs about INE020B08724 issued by Rural Electrification Corporation Limited

The instrument name of INE020B08724 ISIN is RURAL ELECTRIFICATION CORPORATION LIMITED SR-VII 9.15 BD 15FB27 FVRS5000.
The interest earned from the INE020B08724 bond issued by Rural Electrification Corporation Limited is paid at the time of maturity
This INE020B08724 bond issued by Rural Electrification Corporation Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 9.15%, which determines the periodic interest payments made to bondholders.
The INE020B08724 Bond is issued by Rural Electrification Corporation Limited, a PSU company.
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