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1. vas nat   I Like It. |Report Abuse|  Link|March 22, 2012 8:39:12 PMReply
REC bonds should trade Rs.15 lower than PFC tax free bonds (excluding interest accumulated component) on a comparitive YTM basis.

If PFC trades @ 1010 then REC should list @ 995 (minus interest component) so may be Rs.990/-. So those who have applied for listing gains can write to Registrar for refund.