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REC 7.04% Mar 2028 NCD (INE020B07GZ9)

Tax-free
India Ratings AAA · NSDL record, 2013 Secured NCD

REC Limited

Secured, Tax-free, Redeemable NCD

Browse: bonds maturing in 2028

193 more bonds from REC Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.04%
Per annum
Maturity Date
25 Mar 2028
1.4 Yrs to Maturity
Interest Payment
—
Frequency
Face Value
₹1,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
1.4 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 25 Mar 2013 Matures 25 Mar 2028

Key Metrics

Coupon Rate
7.04%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (India Ratings, 2013)
Not a current agency rating; see below
Remaining Tenure
1.4 Years

AAA (India Ratings): Rating on NSDL record (India Ratings, 2013), dated 12 Feb 2013. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹50 Cr
Face Value
₹1,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
—
Last Trade
—
No recorded trades
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 3.16 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
25 Mar 2013
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

REC 7.04% Mar 2028 NCD is a secured NCD issued by REC Limited. It carries a 7.04% p.a. coupon; the payment frequency is not on file. Principal is repaid at maturity.

Rating Action History

2 actions

Agency actions on REC Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-07 CRISIL Reaffirm — — View →
2026-07-06 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on REC Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-07 CRISIL Reaffirm — View →
2026-07-06 CRISIL Update — View →
Alert me about REC Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings (NSDL record) 2013-02-12
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B07GZ9
Issue Date
25 Mar 2013
Maturity Date
25 Mar 2028
Listing
—
Payment Frequency
—
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
When does REC 7.04% Mar 2028 NCD mature?

REC 7.04% Mar 2028 NCD matures on 25 Mar 2028, 1.4 years from today.

What is REC 7.04% Mar 2028 NCD rated?

No current rating from an agency or exchange is on file for REC 7.04% Mar 2028 NCD. NSDL's debt master records a rating of AAA by India Ratings, dated 12 Feb 2013, often from the time of issue, so it may be out of date.

Is REC 7.04% Mar 2028 NCD secured?

REC 7.04% Mar 2028 NCD is a secured bond.

More Bonds from This Issuer

R
REC 7.52% Nov 2026 NCD
INE020B08AA3
AAA NSDL record, 2016
Coupon
7.52%
Maturity
07 Nov 2026
R
REC 5.00% Nov 2026 NCD
INE020B07ML7
AAA NSDL record, 2021
Coupon
5.00%
Maturity
30 Nov 2026
R
REC 7.54% Dec 2026 NCD
INE020B08AC9
AAA NSDL record, 2016
Coupon
7.54%
Maturity
30 Dec 2026
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REC 5.00% Dec 2026 NCD
INE020B07MM5
AAA NSDL record, 2021
Coupon
5.00%
Maturity
31 Dec 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.04%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F07595Indian Railway Finance Corporation LimitedAAA7.04%2028-03-23
INE134E07364Power Finance Corporation LimitedAAA7.04%2028-03-28
INE031A07881Housing and Urban Development Corporation LimitedAA+ NSDL record, 20137.19%2028-03-28
INE053F07579Indian Railway Finance Corporation LimitedAAA7.34%2028-02-19
INE134E07349Power Finance Corporation LimitedAAA7.36%2028-01-04
INE787H07149India Infrastructure Finance Company LimitedAAA7.36%2028-01-22

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