R

Rural Electrification Corpor… 8.63% Aug 2028 NCD

AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.54%
Market YTM
Coupon Rate
8.63%
Per annum
Maturity Date
25 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.54%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+265 bps
vs 2.0Y G-Sec at 4.90%
Below the median spread for similar-tenor peers
Tenure
2.0 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
27 Aug 2027
Interest Payment
₹86,300.00 / Bond
25 Aug 2028
Principal Payment
₹1,000,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹1,000,000 face value

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-27 Interest ₹2,157,500,000.00 ₹2,157,500,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Rating action: by CRISIL on 2026-07-06 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-27 Issued 2018-08-27 Matures 2028-08-25

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

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics
Coupon Rate
8.63%
YTM (Annual)
7.54%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.78 Yrs
Macaulay Duration
1.91 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.78 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.37 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2018-08-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

REC Limited issued this rated, ncd (RECL-8.63%-25-8-28-PVT) carrying a 8.63% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-13 101.9684 7.5450 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2018-07-30
Rating Actions History 1 2026-07-06
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-13
Reg52(4) Payment Disclosures 1 NSE 2026-08-27
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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… 8.63% Aug 2028 NCD?

Rural Electrification Corpor… 8.63% Aug 2028 NCD carries a coupon of 8.63%, paid annual, on a face value of ₹1,000,000.

When does Rural Electrification Corpor… 8.63% Aug 2028 NCD mature?

Rural Electrification Corpor… 8.63% Aug 2028 NCD matures on 2028-08-25, 2.0 years from today.

What is Rural Electrification Corpor… 8.63% Aug 2028 NCD rated?

Rural Electrification Corpor… 8.63% Aug 2028 NCD is rated AAA by CRISIL. As of 2018-07-30.

Is Rural Electrification Corpor… 8.63% Aug 2028 NCD secured?

Rural Electrification Corpor… 8.63% Aug 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Rural Electrification Corpor… 8.63% Aug 2028 NCD trade?

Rural Electrification Corpor… 8.63% Aug 2028 NCD is listed on BSE.

What yield does Rural Electrification Corpor… 8.63% Aug 2028 NCD currently offer?

The last recorded trade on 2026-08-13 priced Rural Electrification Corpor… 8.63% Aug 2028 NCD at ₹101.97, implying a yield to maturity of 7.54%.

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