Rural Electrification Corpor… 8.88% Mar 2029 NCD
REC Limited
Secured, Rated, Taxable, Redeemable NCD
Browse: AAA rated bonds · bonds maturing in 2029
Next 2 coupons + principal at maturity · per ₹1,000 face value
1 rating action on file since issue — hover a dot for detail.
Advanced metrics
- This bond is secured.
- 12 secondary-market trades recorded in the last 30 days.
- Coupon is 1.12 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
8.88% (FOR CATEGORY IV i.e. RII- IF ON RECORD DATE BONDS HELD BY RII ELSE 8.63%) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE 2. SERIES 2B. DATE OF MATURITY 24/03/2029 is a secured, rated, redeemable ncd issued by REC Limited. The bond offers a fixed coupon of 8.88% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-07-06 | CRISIL | Other | — | — | View → |
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-08-27 | 114.0000 | 3.1731 | None |
| 2026-08-26 | 114.0000 | 3.1785 | None |
| 2026-08-25 | 114.0000 | 3.1839 | None |
| 2026-08-24 | 114.0000 | 3.1893 | None |
| 2026-08-17 | 114.0050 | 3.2247 | None |
| 2026-08-14 | 114.0010 | 3.2420 | None |
| 2026-08-12 | 114.1400 | 3.2011 | None |
| 2026-08-11 | 114.0000 | 3.2580 | None |
| 2026-08-10 | 114.1870 | 3.1943 | None |
| 2026-08-05 | 114.2990 | 3.1795 | None |
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | CRISIL | 2014-02-18 |
| Rating Actions History | 1 | — | 2026-07-06 |
| Secondary-Market Trades | 10 | NSE CM | 2026-08-27 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Entity metadata
- Source
- nsdl_master_promoted
- Last Updated
- 16 Jul 2026
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What is the coupon rate on Rural Electrification Corpor… 8.88% Mar 2029 NCD?
Rural Electrification Corpor… 8.88% Mar 2029 NCD carries a coupon of 8.88%, paid annual, on a face value of ₹1,000.
When does Rural Electrification Corpor… 8.88% Mar 2029 NCD mature?
Rural Electrification Corpor… 8.88% Mar 2029 NCD matures on 2029-03-24, 2.6 years from today.
What is Rural Electrification Corpor… 8.88% Mar 2029 NCD rated?
Rural Electrification Corpor… 8.88% Mar 2029 NCD is rated AAA by CRISIL. As of 2014-02-18.
Is Rural Electrification Corpor… 8.88% Mar 2029 NCD secured?
Rural Electrification Corpor… 8.88% Mar 2029 NCD is a secured bond.
Can Rural Electrification Corpor… 8.88% Mar 2029 NCD be called or put back early?
Rural Electrification Corpor… 8.88% Mar 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.
What yield does Rural Electrification Corpor… 8.88% Mar 2029 NCD currently offer?
The last recorded trade on 2026-08-27 priced Rural Electrification Corpor… 8.88% Mar 2029 NCD at ₹114.00, implying a yield to maturity of 3.17%.