Rural Electrification Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE020B08DU5, with a face value of ₹10,00,000 rs on 18Nov21 to raise 2500 crores. The debt instrument is issued with a coupon rate of 3MTBILL LINKED and its interest is paid Annually. 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 3MTBILL LINKED UNSECURED RATED LISTED NON CONVERTIBLE TAXABLE BOND IN THE NATURE OF DEBENTURES. SERIES 212.DATE OF MATURITY 31/10/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 22Nov21 & on BSE stock exchange on 22Nov21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 29Mar19. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.