R

Rural Electrification Corpor… 8.62% Sep 2033 NCD

AAA Secured NCD

REC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
4.18%
Market YTM
Coupon Rate
8.62%
Per annum
Maturity Date
24 Sep 2033
7.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
4.18%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-247 bps
vs 7.1Y G-Sec at 6.65%
Below the median spread for similar-tenor peers
Tenure
7.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-25 2026-08-11
Cashflow Timeline
24 Sep 2026
Interest Payment
₹86.20 / Bond
24 Sep 2027
Interest Payment
₹86.20 / Bond
24 Sep 2028
Interest Payment
₹86.20 / Bond
24 Sep 2029
Interest Payment
₹86.20 / Bond
24 Sep 2030
Interest Payment
₹86.20 / Bond
24 Sep 2031
Interest Payment
₹86.20 / Bond
24 Sep 2032
Interest Payment
₹86.20 / Bond
24 Sep 2033
Principal Payment
₹1,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-06 Issued 2013-09-24 Matures 2033-09-24

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
8.62%
YTM (Annual)
4.18%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
7.1 Years
Advanced metrics
Modified Duration
5.20 Yrs
Macaulay Duration
5.42 Yrs
Issue Size
₹42 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
5.20 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
NSE CM
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.38 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
2013-09-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by REC Limited, 8.62% (IF ON RECORD DATE BONDS HELD BY RII ELSE 8.37%) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE 1. SERIES 3B. DATE OF MATURITY 24/09/2033 is a secured, rated, ncd paying a 8.62% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 127.1000 4.1786 None
2026-08-05 125.5500 4.4067 None
2026-07-22 123.6000 4.7033 None
2026-07-13 124.0000 4.6553 None
2026-07-08 125.0000 4.5173 250
2026-07-07 124.3990 4.6046 406
2026-07-01 122.5010 4.8864 52
2026-06-29 124.5000 4.5992 1
2026-06-25 124.2990 4.6325 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2013-08-13
Rating Actions History 1 2026-07-06
Secondary-Market Trades 9 NSE CM 2026-08-11
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
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.

Frequently Asked Questions
What is the coupon rate on Rural Electrification Corpor… 8.62% Sep 2033 NCD?

Rural Electrification Corpor… 8.62% Sep 2033 NCD carries a coupon of 8.62%, paid annual, on a face value of ₹1,000.

When does Rural Electrification Corpor… 8.62% Sep 2033 NCD mature?

Rural Electrification Corpor… 8.62% Sep 2033 NCD matures on 2033-09-24, 7.1 years from today.

What is Rural Electrification Corpor… 8.62% Sep 2033 NCD rated?

Rural Electrification Corpor… 8.62% Sep 2033 NCD is rated AAA by CRISIL. As of 2013-08-13.

Is Rural Electrification Corpor… 8.62% Sep 2033 NCD secured?

Rural Electrification Corpor… 8.62% Sep 2033 NCD is a secured bond.

What yield does Rural Electrification Corpor… 8.62% Sep 2033 NCD currently offer?

The last recorded trade on 2026-08-11 priced Rural Electrification Corpor… 8.62% Sep 2033 NCD at ₹127.10, implying a yield to maturity of 4.18%.

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