{"id":272809,"date":"2019-05-04T05:24:03","date_gmt":"2019-05-04T05:24:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=272809"},"modified":"2019-05-04T05:24:03","modified_gmt":"2019-05-04T05:24:03","slug":"rec-raises-rs-1100-cr-higher-rate-hints-at-tighter-liquidity","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-raises-rs-1100-cr-higher-rate-hints-at-tighter-liquidity\/","title":{"rendered":"REC raises Rs 1,100 cr, higher rate hints at tighter liquidity"},"content":{"rendered":"<p>KOLKATA: REC Ltd, formerly known as Rural Electrification Corp, raised about Rs 1,100 crore in bonds Friday at a much higher rate, reflecting tighter liquidity and lower investor appetite, bond traders said. <\/p>\n<p>The REC sold its \u201cAAA\u201d rated bonds carrying 2-year 7-month maturity at 8.5%, which is 15-25 basis points higher than the prevailing rate for bonds with best credit ratings. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOLKATA: REC Ltd, formerly known as Rural Electrification Corp, raised about Rs 1,100 crore in bonds Friday at a much higher rate, reflecting tighter liquidity and lower investor appetite, bond traders said. The REC sold its \u201cAAA\u201d rated bonds carrying 2-year 7-month maturity at 8.5%, which is 15-25 basis points higher than the prevailing rate for bonds with best credit ratings.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-272809","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=272809"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272809\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=272809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=272809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=272809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}