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REC 6.90% Jan 2031 NCD (INE020B08DG4)

CRISIL AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

193 more bonds from REC Limited →
Current YTM
—
No market YTM available
Coupon Rate
6.90%
Per annum
Maturity Date
31 Jan 2031
4.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
4.2 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.

Cashflow Timeline

15 Dec 2026
Interest Payment
₹69,000.00 / Bond
₹62,100.00 net of 10% TDS (est.)
15 Dec 2027
Interest Payment
₹69,000.00 / Bond
₹62,100.00 net of 10% TDS (est.)
15 Dec 2028
Interest Payment
₹69,000.00 / Bond
₹62,100.00 net of 10% TDS (est.)
15 Dec 2029
Interest Payment
₹69,000.00 / Bond
₹62,100.00 net of 10% TDS (est.)
15 Dec 2030
Interest Payment
₹69,000.00 / Bond
₹62,100.00 net of 10% TDS (est.)
31 Jan 2031
Final coupon (part period) + principal
₹10,08,884.93 / Bond
₹8,884.93 coupon + ₹10,00,000 face value

6 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 15 Dec 2020 Matures 31 Jan 2031

Key Metrics

Coupon Rate
6.90%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Dec 2020, 5 years ago
Over 15 months old; see below
Remaining Tenure
4.2 Years

AAA (CRISIL): Rated 31 Dec 2020 (5 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
3.39 Yrs
Macaulay Duration
3.62 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
3.39 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 3.30 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
Instrument Type
NCD
Issue Date
15 Dec 2020
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by REC Limited, REC 6.90% Jan 2031 NCD is an unsecured, rated NCD. It pays a 6.90% 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.

DateAgencyActionRatingOutlookRationale
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.

DateAgencyActionRatingRationale
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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2020-12-31
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08DG4
Issue Date
15 Dec 2020
Maturity Date
31 Jan 2031
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on REC 6.90% Jan 2031 NCD?

REC 6.90% Jan 2031 NCD carries a coupon of 6.90%, paid annual, on a face value of ₹10,00,000.

When does REC 6.90% Jan 2031 NCD mature?

REC 6.90% Jan 2031 NCD matures on 31 Jan 2031, 4.2 years from today.

What is REC 6.90% Jan 2031 NCD rated?

REC 6.90% Jan 2031 NCD is rated AAA by CRISIL (rating dated 31 Dec 2020).

Is REC 6.90% Jan 2031 NCD secured?

REC 6.90% Jan 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 6.90% Jan 2031 NCD trade?

REC 6.90% Jan 2031 NCD is listed on BSE.

More Bonds from This Issuer

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REC 7.52% Nov 2026 NCD
INE020B08AA3
AAA NSDL record, 2016
Coupon
7.52%
Maturity
07 Nov 2026
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REC 5.00% Nov 2026 NCD
INE020B07ML7
AAA NSDL record, 2021
Coupon
5.00%
Maturity
30 Nov 2026
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REC 7.54% Dec 2026 NCD
INE020B08AC9
AAA NSDL record, 2016
Coupon
7.54%
Maturity
30 Dec 2026
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REC 5.00% Dec 2026 NCD
INE020B07MM5
AAA NSDL record, 2021
Coupon
5.00%
Maturity
31 Dec 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2031

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 6.90%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE031A08970Housing and Urban Development Corporation LimitedAAA6.90%2030-05-06
INE053F08106Indian Railway Finance Corporation LimitedAAA6.89%2031-07-19
INE053F08122Indian Railway Finance Corporation LimitedAAA6.92%2031-08-31
INE040A08AD7HDFC Bank LimitedAAA NSDL record, 20236.88%2031-06-16
INE040A08781HDFC Bank LimitedAAA NSDL record, 20236.88%2031-09-24
INE134E08LM8Power Finance Corporation LimitedAAA6.95%2031-10-01

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