| Instrument Description (Long): |
8.26% (IF ON RECORD DATE BONDS HELD BY RII ELSE 8.01%) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE 1. SERIES 1B. DATE OF MATURITY 24/09/2023 |
| Instrument Description(short): |
RURAL ELECTRIFICATION CORPORATION LIMITED SR-1B 8.26 BD 24SP23 FVRS1000 |
| ISIN: |
INE020B07HR4 |
|
| Type of Instrument: |
Bonds |
|
Face Value (per instrument):: |
1000 |
| Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
| Whether Guaranteed or Partially Guaranteed: |
|
|
Coupon Rate: |
8.26% |
| |
|
|
Details of Variable Coupon Rate: |
- |
| Seniority in Repayment: |
|
|
Day Count Convention: |
|
| Whether tax free: |
Yes |
|
Mode of Issue: |
|
If Tax free - Section of The Income Tax Act,1961:  |
Under Section 10(15)(iv)(h) |
|
Issue price (per instrument): |
1000 |
| |
|
Issue Size (in Crores): |
329.513 |
| Series (if any): |
|
|
Total Allotment Quantity: |
0 |
| Whether bonds/debentures fall under Infrastructure category as per Government notification: |
|
|
Date of Allotment: |
24-Sep-2013 |
| |
|
Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
| |
|
Frequency of Interest Payment with specified dates: |
ANNUALLY, FIRST INTEREST PAYMENT SHALL BE ON 01.12.2013 THEREAFTER ON 1ST DECEMBER EVERY YEAR |
| Scheduled Opening Date: |
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|
Put Option with specified dates: |
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| Scheduled Closing Date: |
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|
Call Option with specified dates: |
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| Actual Closing Date: |
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|
Redemption Date/Last Conversion Date: |
24-Sep-2023 |
| |
|
|
Defaulted in Redemption: |
Not Applicable |
| |
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| If guaranteed, provide complete details regarding the Guarantee: |
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|
Redemption Premium Details: |
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| Step up / Step down coupon basis: |
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|
Step up / Step down details: |
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| Indicate whether Put option will be exercised at Discount/Premium/Par: |
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|
Put option details: |
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| Indicate whether Call option will be exercised at Discount/Premium/Par: |
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|
Call option details: |
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| Whether Debentures/Bonds are perpetual in nature: |
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Indicate whether the instrument is rated: |
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| Type of Convertibility - A: |
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|
Convertibility details: |
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| Type of Convertibility - B: |
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Coupon Type: |
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| Compounding Frequency Details: |
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If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
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