REC 7.54% Dec 2026 NCD (INE020B08AC9)

India Ratings AAA · NSDL record, 2016 Unsecured NCD

REC Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2026

193 more bonds from REC Limited →

Current YTM

8.00%

Market YTM

Coupon Rate

7.54%

Per annum

Maturity Date

30 Dec 2026

0.1 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Market Position

YTM (Annual)

8.00%

Last traded 28 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+108 bps

vs 0.1Y G-Sec at 6.92%

Below the median spread for similar-tenor peers

Tenure

0.1 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

7.54%

YTM (Annual)

8.00%

Credit Rating

AAA

Rating on NSDL record (India Ratings, 2016)

Not a current agency rating; see below

Remaining Tenure

0.1 Years

AAA (India Ratings): Rating on NSDL record (India Ratings, 2016), dated 2 Dec 2016. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics

Modified Duration

—

Macaulay Duration

—

Issue Size

₹3,000 Cr

Minimum Investment

₹10,00,000

1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

—

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

28 Oct 2026

NSE OTC (WAP)

Trades (30 Days)

Exchange-reported sessions

Security Status

Unsecured

No call option

Observations

This bond is unsecured.
2 secondary-market trades recorded in the last 30 days.
Coupon is 2.66 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 7 Nov 2026

Issuer

REC Limited

Instrument Type

NCD

Issue Date

30 Dec 2016

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

REC Limited issued REC 7.54% Dec 2026 NCD, an unsecured NCD. It pays a 7.54% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

2 actions

Agency 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.

Date	Agency	Action	Rating	Outlook	Rationale
2026-10-07	CRISIL	Reaffirm	—	—	View →
2026-07-06	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on REC Limited

last 12 months

Agencies 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.

Date	Agency	Action	Rating	Rationale
2026-10-07	CRISIL	Reaffirm	—	View →
2026-07-06	CRISIL	Update	—	View →

Alert me about REC Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE020B08AC9: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-28	99.8367	8.0000	—
2026-10-23	99.9816	7.2000	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	India Ratings (NSDL record)	2016-12-02
Rating Actions History	2	—	2026-10-07
Secondary-Market Trades	2	NSE OTC (WAP)	2026-10-28
Reg52(4) Payment Disclosures	0	—	—

No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata

Source: BSE
Last Updated: 7 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.

₹9,98,367.00

YTM8.00%

Trade Date 28 Oct 2026 11d ago

SourceNSE OTC (WAP)

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on REC 7.54% Dec 2026 NCD?

REC 7.54% Dec 2026 NCD carries a coupon of 7.54%, paid annual, on a face value of ₹10,00,000.

When does REC 7.54% Dec 2026 NCD mature?

REC 7.54% Dec 2026 NCD matures on 30 Dec 2026, 0.1 years from today.

What is REC 7.54% Dec 2026 NCD rated?

No current rating from an agency or exchange is on file for REC 7.54% Dec 2026 NCD. NSDL's debt master records a rating of AAA by India Ratings, dated 2 Dec 2016, often from the time of issue, so it may be out of date.

Is REC 7.54% Dec 2026 NCD secured?

REC 7.54% Dec 2026 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.54% Dec 2026 NCD trade?

REC 7.54% Dec 2026 NCD is listed on BSE.

What yield does REC 7.54% Dec 2026 NCD currently offer?

The last recorded trade on 28 Oct 2026 priced REC 7.54% Dec 2026 NCD at ₹9,98,367.00 per bond, implying a yield to maturity of 8.00%.

More Bonds from This Issuer

REC 7.52% Nov 2026 NCD

INE020B08AA3

AAA NSDL record, 2016

Coupon

7.52%

Maturity

07 Nov 2026

View Details

REC 5.00% Nov 2026 NCD

INE020B07ML7

AAA NSDL record, 2021

Coupon

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Maturity

30 Nov 2026

View Details

REC 5.00% Dec 2026 NCD

INE020B07MM5

AAA NSDL record, 2021

Coupon

5.00%

Maturity

31 Dec 2026

View Details

REC 5.00% Jan 2027 NCD

INE020B07MN3

AAA NSDL record, 2021

Coupon

5.00%

Maturity

31 Jan 2027

View Details

Compare (/) Compare Bonds

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INE296A07SC1	Bajaj Finance Limited	AAA	7.60%	2027-08-25

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