REC accepts bids for tokenised corporate bond sale worth 5 billion rupees
India’s first tokenised corporate bond sale concluded after REC (NSE:RECLTD) accepted bids worth 5 billion rupees. Bonds mature in one year and eight months, with the sale supported by three merchant bankers.
94 million) for bonds maturing in one year and eight months, three merchant bankers said on Monday. REC accepted bids for the bond issue at an annual coupon of …