R
AAA Secured NCD

REC Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
5.25%
Per annum
Maturity Date
30 Nov 2029
3.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual) EST
~5.25%
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
-59 bps
vs 3.3Y G-Sec at 5.84% *
Below the median spread for similar-tenor peers
Tenure
3.3 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.
Cashflow Timeline
30 Nov 2026
Interest Payment
₹525.00 / Bond
30 Nov 2027
Interest Payment
₹525.00 / Bond
30 Nov 2028
Interest Payment
₹525.00 / Bond
30 Nov 2029
Principal Payment
₹10,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹10,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-06 Issued 2024-11-30 Matures 2029-11-30

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

Key Metrics
Coupon Rate
5.25%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
3.3 Years
Advanced metrics
Modified Duration
2.82 Yrs
Macaulay Duration
2.96 Yrs
Issue Size
₹471 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
2.82 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 4.75 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
2024-11-30
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by REC Limited, 5.25% SECURED RATED UNLISTED REDEEMABLE 54EC NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES XVIII DATE OF MATURITY 30/11/2029. is a secured, rated, ncd paying a 5.25% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2024-03-28
Rating Actions History 1 2026-07-06
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 REC 5.25% Nov 2029 NCD?

REC 5.25% Nov 2029 NCD carries a coupon of 5.25%, paid annual, on a face value of ₹10,000.

When does REC 5.25% Nov 2029 NCD mature?

REC 5.25% Nov 2029 NCD matures on 2029-11-30, 3.3 years from today.

What is REC 5.25% Nov 2029 NCD rated?

REC 5.25% Nov 2029 NCD is rated AAA by ICRA. As of 2024-03-28.

Is REC 5.25% Nov 2029 NCD secured?

REC 5.25% Nov 2029 NCD is a secured bond.

Where does REC 5.25% Nov 2029 NCD trade?

REC 5.25% Nov 2029 NCD is listed on UNLISTED.

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