REC 8.54% Oct 2028 NCD (INE020B07HV6)
Tax-freeREC Limited
Secured, Rated, Tax-free, Redeemable NCD
Browse: AAA rated bonds · bonds maturing in 2028
Market Position
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
2 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates
Payment Disclosures (SEBI Reg52(4))
1 disclosed| Due Date | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|
| 2026-10-12 | Interest | ₹3,84,00,000.00 | ₹3,84,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
Bond Timeline
1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is secured.
- No secondary-market trades recorded in the last 30 days.
- Coupon is 1.66 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 8 Nov 2026REC 8.54% Oct 2028 NCD is a secured, rated NCD issued by REC Limited. It pays an 8.54% p.a. coupon, annually. Principal is repaid at maturity.
Rating Timeline
2 ratings on fileEvery rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 31 Oct 2013 | India Ratings | AAA | — | Latest | BSE listing |
| 2013 | ICRA | AAA | — | NSDL debt master |
Rating Action History
2 actionsAgency 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.
Rating Actions on REC Limited
last 12 monthsAgencies 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.
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2025-06-03 | 109.2114 | 4.0900 | 5 |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 2 | ICRA, India Ratings | 2013-10-31 |
| Rating Actions History | 2 | — | 2026-10-07 |
| Secondary-Market Trades | 1 | BSE | 2025-06-03 |
| Reg52(4) Payment Disclosures | 1 | NSE | 2026-10-12 |
- No trade in the last 30 days, so the last traded yield is not shown as current.
Documents
Entity metadata
- Source
- BSE
- Last Updated
- 8 Nov 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.
What is the coupon rate on REC 8.54% Oct 2028 NCD?
REC 8.54% Oct 2028 NCD carries a coupon of 8.54%, paid annual, on a face value of ₹10,00,000.
When does REC 8.54% Oct 2028 NCD mature?
REC 8.54% Oct 2028 NCD matures on 11 Oct 2028, 1.9 years from today.
What is REC 8.54% Oct 2028 NCD rated?
REC 8.54% Oct 2028 NCD is rated AAA by India Ratings (rating dated 31 Oct 2013).
Is REC 8.54% Oct 2028 NCD secured?
REC 8.54% Oct 2028 NCD is a secured bond.
Where does REC 8.54% Oct 2028 NCD trade?
REC 8.54% Oct 2028 NCD is listed on BSE.
More Bonds from This Issuer
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 8.54%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE053F07BA5 | Indian Railway Finance Corporation Limited | AAA | 8.55% | 2029-02-21 |
| INE040A08724 | HDFC Bank Limited | AAA | 8.55% | 2029-03-27 |
| INE484J08071 | Godrej Properties Limited | AA+ | 8.55% | 2029-07-26 |
| INE414G07JN3 | Muthoot Finance Limited | AA+ | 8.52% | 2028-04-07 |
| INE414G07JO1 | Muthoot Finance Limited | AA+ | 8.52% | 2028-05-26 |
| INE031A07899 | Housing and Urban Development Corporation Limited | AA+ | 8.56% | 2028-09-02 |