REC has come out with a Tax Free issue of Rs. 1000 Cr. with an option to retain over subscription upto Rs. 4500 Cr. REC Tax Free Bond ISSUE Product DETAILS Issue Opens Monday, December 03, 2012 Issue Closes Monday, December 10, 2012* Issuer Rural Electrification Corporation Limited Issue Size Public Issue of Rs. 1000 crores with right to retain oversubscription upto the Shelf Limit (i.e. upto Rs 4,500 crores) Mimnimum Application Size Face value of each Bond shall be Rs. 1,000/- and the minimum application size shall be for 5 bonds and in multiples of 1 Bond thereafter Listing BSE and NSE Rating “CRISIL AAA/Stable” by CRISIL, “CARE AAA” by CARE, “IND AAA” by IRRPL “[ICRA]AAA” by ICRA Coupon Rates for Category-I, II, III & IV Applicants (% p.a) 7.22% 7.38% Additional Coupon Rates for Category-IV Applicants (% p.a.) ** 0.50% 0.50% Aggregate Coupon Rates for Category-IV Applicants (% p.a.) ** 7.72% 7.88% Interest