Rural Electrification Corporation Limited
ACTIVE
ISIN: IN8020B08038
Issuer Details
Issuer Name
RURAL ELECTRIFICATION CORPOR...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
6.92%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
L40101DL1969GOI005095
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
6.92% UNSECURED RATED LISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
-
Category of Instrument
-
Allotment Date
15-12-2021
Redemption Date
20-03-2032
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
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About Rural Electrification Corporation Limited bond with ISIN: IN8020B08038
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN IN8020B08038, represents a significant financial instrument. Issued by RURAL ELECTRIFICATION CORPORATION LIMITED, it comes with the following description: "6.92% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES 213.DATE OF MATURITY 20/03/2032". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, RURAL ELECTRIFICATION CORPORATION LIMITED, classified as Public Sector Undertaking (PSU), plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) L40101DL1969GOI005095 further bolster its credibility. With a coupon rate of 6.92%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of N/A. It was allotted on 12/15/2021 and is scheduled for redemption on 3/20/2032. Categorized under "N/A" and defined as Unsecured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. No credit rating information is available for this bond. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: No specific asset cover description available. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. There are no additional documents available for this bond. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE020B07JU4 having a coupon rate of 7.43% and the bond with ISIN INE020B07JT6 having a coupon rate of 7.18% and the bond with ISIN INE020B07MG7 having a coupon rate of 5% and the bond with ISIN INE020B08898 having a coupon rate of 8.23%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.