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REC 7.50% Feb 2033 NCD (INE020B08DX9)

CARE AAA · NSDL record, 2022 Unsecured NCD

REC Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2033

193 more bonds from REC Limited →
Current YTM
8.03%
Market YTM
Coupon Rate
7.50%
Per annum
Maturity Date
28 Feb 2033
6.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
8.03%
Last traded 4 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+72 bps
vs 6.3Y G-Sec at 7.31%
Below the median spread for similar-tenor peers
Tenure
6.3 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

23 Sep 2027
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
23 Sep 2028
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
23 Sep 2029
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
23 Sep 2030
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
23 Sep 2031
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
23 Sep 2032
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
28 Feb 2033
Final coupon (part period) + principal
₹10,32,465.75 / Bond
₹32,465.75 coupon + ₹10,00,000 face value

7 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 23 Sep 2022 Matures 28 Feb 2033

Key Metrics

Coupon Rate
7.50%
YTM (Annual)
8.03%
Credit Rating
AAA
Rating on NSDL record (CARE, 2022)
Not a current agency rating; see below
Remaining Tenure
6.3 Years

AAA (CARE): Rating on NSDL record (CARE, 2022), dated 15 Sep 2022. 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 No current rating from an agency or exchange is on file, so it may be out of date.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
4.61 Yrs
Macaulay Duration
4.98 Yrs
Issue Size
₹1,948 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
4.61 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
4 Nov 2026
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 2.70 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 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
23 Sep 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

REC Limited issued REC 7.50% Feb 2033 NCD, an unsecured NCD. It pays a 7.50% 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.

Recent Market Prices

Recent BSE trades for INE020B08DX9: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-04 97.3557 8.0300 —
2026-09-22 98.0846 7.8700 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CARE (NSDL record) 2022-09-15
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 2 NSE OTC (WAP) 2026-11-04
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
NSDL debt master
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.

Current Price (Clean)
₹9,73,557.00
YTM8.03%
Trade Date 4 Nov 2026 4d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹52,191.78
Dirty price (est.)₹10,25,748.78
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08DX9
Issue Date
23 Sep 2022
Maturity Date
28 Feb 2033
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on REC 7.50% Feb 2033 NCD?

REC 7.50% Feb 2033 NCD carries a coupon of 7.50%, paid annual, on a face value of ₹10,00,000.

When does REC 7.50% Feb 2033 NCD mature?

REC 7.50% Feb 2033 NCD matures on 28 Feb 2033, 6.3 years from today.

What is REC 7.50% Feb 2033 NCD rated?

No current rating from an agency or exchange is on file for REC 7.50% Feb 2033 NCD. NSDL's debt master records a rating of AAA by CARE, dated 15 Sep 2022, often from the time of issue, so it may be out of date.

Is REC 7.50% Feb 2033 NCD secured?

REC 7.50% Feb 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does REC 7.50% Feb 2033 NCD currently offer?

The last recorded trade on 4 Nov 2026 priced REC 7.50% Feb 2033 NCD at ₹9,73,557.00 per bond, implying a yield to maturity of 8.03%.

More Bonds from This Issuer

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

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INE053F08361Indian Railway Finance Corporation LimitedAAA7.48%2034-02-16
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INE206D08493Nuclear Power Corporation of India LimitedAAA NSDL record, 20227.55%2032-12-23
INE053F08379Indian Railway Finance Corporation LimitedAAA7.44%2034-02-28
INE134E08LQ9Power Finance Corporation LimitedAAA7.42%2032-09-08

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