R

Rural Electrification Corpor… 7.43% Nov 2035 NCD

AAA Secured NCD

REC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
No live YTM available
Coupon Rate
7.43%
Per annum
Maturity Date
05 Nov 2035
9.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~7.43%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+118 bps
vs 9.2Y G-Sec at 6.25% *
Below the median spread for similar-tenor peers
Tenure
9.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-08-05 2026-08-27
Cashflow Timeline
5 Nov 2026
Interest Payment
₹74.30 / Bond
5 Nov 2027
Interest Payment
₹74.30 / Bond
5 Nov 2028
Interest Payment
₹74.30 / Bond
5 Nov 2029
Interest Payment
₹74.30 / Bond
5 Nov 2030
Interest Payment
₹74.30 / Bond
5 Nov 2031
Interest Payment
₹74.30 / Bond
5 Nov 2032
Interest Payment
₹74.30 / Bond
5 Nov 2033
Interest Payment
₹74.30 / Bond
5 Nov 2035
Principal Payment
₹1,000.00 / Bond

Next 8 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 2015-11-05 Matures 2035-11-05

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

Key Metrics
Coupon Rate
7.43%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
9.2 Years
Advanced metrics
Modified Duration
6.13 Yrs
Macaulay Duration
6.58 Yrs
Issue Size
₹186 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
6.13 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
14
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 14 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.57 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
2015-11-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

REC Limited issued this secured, rated, ncd (7.43% SECURED REDEEMABLE NON CONVERTIBLE TAXFREE BONDS. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 05/11/2035) carrying a 7.43% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 118.5100 None
2026-08-26 120.0000 None
2026-08-24 120.9990 None
2026-08-17 119.5000 None
2026-08-14 119.5000 None
2026-08-13 118.2250 None
2026-08-11 112.2700 5.4500 1
2026-08-10 112.0900 5.4700 2
2026-08-07 120.0000 None
2026-08-05 120.0000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2015-10-16
Rating Actions History 1 2026-07-06
Secondary-Market Trades 10 NSE CM 2026-08-27
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… 7.43% Nov 2035 NCD?

Rural Electrification Corpor… 7.43% Nov 2035 NCD carries a coupon of 7.43%, paid annual, on a face value of ₹1,000.

When does Rural Electrification Corpor… 7.43% Nov 2035 NCD mature?

Rural Electrification Corpor… 7.43% Nov 2035 NCD matures on 2035-11-05, 9.2 years from today.

What is Rural Electrification Corpor… 7.43% Nov 2035 NCD rated?

Rural Electrification Corpor… 7.43% Nov 2035 NCD is rated AAA by CRISIL. As of 2015-10-16.

Is Rural Electrification Corpor… 7.43% Nov 2035 NCD secured?

Rural Electrification Corpor… 7.43% Nov 2035 NCD is a secured bond.

Can Rural Electrification Corpor… 7.43% Nov 2035 NCD be called or put back early?

Rural Electrification Corpor… 7.43% Nov 2035 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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