REC Limited Lists Two New Bonds On BSE, High Credit Ratings With Steady Returns
REC Limited has listed two high-rated bonds on BSE's debt segment, offering 6.52 per cent and 6.81 per cent annual returns. These bonds are demat-only and provide stable yearly income until 2028 and 2036 respectively.
REC Limited has listed two high-rated bonds on BSE's debt segment. |
Mumbai: On May 26, 2025, the Bombay Stock Exchange (BSE) announced the listing of two new debt securities issued by REC Limited through private placement. These bonds are now available for trading on the BSE Debt segment.
The first bond, identified with Scrip Code 976713 and Scrip ID 652RL28, has a face value of Rs 1,00,000 and offers an annual interest rate of 6.52 per cent. A total of 3,00,000 units have been issued. The interest will be paid every year starting from January 31, 2026, until maturity on January 31, 2028. The bond is rated AAA by CARE, ICRA, and India Ratings, showing strong financial stability.
The second bond, with Scrip Code 976714 and Scrip ID 681RL36, also has a face value of Rs 1,00,000 and carries a slightly higher annual interest rate of 6.81 per cent. A total of 2,63,500 units have been issued. Interest payments will start from April 30, 2026, and continue annually until the bond matures on April 30, 2036. It also holds AAA ratings from the same agencies.
Both securities are to be traded only in dematerialised (electronic) form, and the minimum tick size for trading is 1 paise. These listings provide investors with new, safe options for long-term investment with fixed yearly returns. More details can be found in the Placement Memorandum available on the BSE website.
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