R
AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
7.51%
Market YTM
Coupon Rate
7.96%
Per annum
Maturity Date
15 Jun 2030
3.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.51%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+126 bps
vs 3.8Y G-Sec at 6.25%
Below the median spread for similar-tenor peers
Tenure
3.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-13 2026-08-24
Cashflow Timeline
8 Jun 2027
Interest Payment
₹79,600.00 / Bond
8 Jun 2028
Interest Payment
₹79,600.00 / Bond
8 Jun 2029
Interest Payment
₹79,600.00 / Bond
8 Jun 2030
Interest Payment
₹79,600.00 / Bond
15 Jun 2030
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-06 Issued 2020-06-08 Matures 2030-06-15

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

Key Metrics
Coupon Rate
7.96%
YTM (Annual)
7.51%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
3.8 Years
Advanced metrics
Modified Duration
3.14 Yrs
Macaulay Duration
3.38 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.14 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
NSE OTC (WAP)
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 6 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.04 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
2020-06-08
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

REC Limited issued this rated, ncd (REC-7.96%-15-6-30-PVT) carrying a 7.96% 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
2026-08-24 101.3809 7.5100 None
2026-08-14 101.0700 7.6100 1
2026-08-13 101.5000 7.4800 1
2026-08-11 101.9500 7.9500 2
2026-08-07 101.4400 7.5000 1
2026-08-06 100.4000 7.8200 1
2026-07-23 101.9300 7.3600 2
2026-07-22 102.8000 7.2500 1
2026-07-21 101.6297 7.4500 None
2026-07-13 101.2800 7.5600 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2020-06-30
Rating Actions History 1 2026-07-06
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-24
Reg52(4) Payment Disclosures 0
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 REC 7.96% Jun 2030 NCD?

REC 7.96% Jun 2030 NCD carries a coupon of 7.96%, paid annual, on a face value of ₹1,000,000.

When does REC 7.96% Jun 2030 NCD mature?

REC 7.96% Jun 2030 NCD matures on 2030-06-15, 3.8 years from today.

What is REC 7.96% Jun 2030 NCD rated?

REC 7.96% Jun 2030 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2020-06-30.

Is REC 7.96% Jun 2030 NCD secured?

REC 7.96% Jun 2030 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.96% Jun 2030 NCD trade?

REC 7.96% Jun 2030 NCD is listed on BSE.

What yield does REC 7.96% Jun 2030 NCD currently offer?

The last recorded trade on 2026-08-24 priced REC 7.96% Jun 2030 NCD at ₹101.38, implying a yield to maturity of 7.51%.

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