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BSE Lists Two High-Rated Bonds by Power Finance Corporation Ltd.

Strategic Insights

— 2 min read

The Bombay Stock Exchange (BSE) recently announced the listing of two new debt securities issued by Power Finance Corporation Ltd. on May 23, 2025. These bonds, with Scrip Code 976709 and 976710, respectively, are available for trading on the BSE Debt Segment and offer annual interest rates of 6.61% and 6.64%. Both bonds have been rated AAA/Stable by CRISIL and ICRA, indicating a high level of security and reliability. These bonds can be traded in dematerialized form, with a minimum trading lot of 1.

Key Takeaways:

  • Two new bonds, with Scrip Code 976709 and 976710, issued by Power Finance Corporation Ltd. were listed on the BSE Debt Segment on May 23, 2025.
  • The first bond, with Scrip Code 976709, has a face value of Rs 1,00,000, was issued in 2,45,000 units, and offers an annual interest rate of 6.61%.
  • The second bond, with Scrip Code 976710, also has a face value of Rs 1,00,000, was issued in 2,50,000 units, and offers an annual interest rate of 6.64%.
  • Both bonds have received top credit ratings of CRISIL AAA/Stable and ICRA AAA/Stable, indicating a high level of security and reliability.
  • The bonds are available in dematerialized form, with a minimum trading lot of 1.
  • Interest payments for both bonds will begin on May 22, 2026, and mature on July 15, 2028, and July 15, 2030, respectively.
  • These bonds are attractive investment options for investors looking for stable returns and low-risk investments due to their high credit ratings.

Statistics:

  • The two listed bonds have a total face value of Rs 2,45,00,000 (Rs 1,00,000 x 2,45,000) and Rs 2,50,00,000 (Rs 1,00,000 x 2,50,000), respectively.
  • The bonds offer annual interest rates of 6.61% and 6.64%, which translates to annual interest income of Rs 154.4 lakhs (Rs 245 lakh x 6.61%) and Rs 163.5 lakhs (Rs 250 lakh x 6.64%), respectively.
  • The bonds have been rated AAA/Stable by CRISIL and ICRA, indicating a high level of creditworthiness and stability.
  • The bonds are available for trading on the BSE Debt Segment and can be traded in dematerialized form, with a minimum trading lot of 1.

Sources:

  • BSE - Bombay Stock Exchange (no date)
  • Contify.com - "BSE Lists Two High-Rated Bonds by Power Finance Corporation Ltd." (no date)
  • Power Finance Corporation Ltd. (no date)
  • Indian National Press (Bombay) Pvt. Ltd. (no date)

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