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REC 7.67% Nov 2037 NCD (INE020B08EB3)

India Ratings AAA · NSDL record, 2022 Unsecured NCD

REC Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2037

193 more bonds from REC Limited →

Current YTM

—

No current market yield

Coupon Rate

7.67%

Per annum

Maturity Date

30 Nov 2037

11.1 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Market Position

YTM (Annual)

—

No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 10 Jul 2026.

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Tenure

11.1 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

2 Jul 202610 Jul 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

2 Dec 2026

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2027

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2028

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2029

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2030

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2031

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2032

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

2 Dec 2033

Interest Payment

₹76,700.00 / Bond

₹69,030.00 net of 10% TDS (est.)

…

+3 more coupons until 2 Dec 2036

₹76,700.00 each / Bond

30 Nov 2037

Final coupon (part period) + principal

₹10,76,279.73 / Bond

₹76,279.73 coupon + ₹10,00,000 face value

12 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

Key Metrics

Coupon Rate

7.67%

YTM (Annual)

—

Credit Rating

AAA

Rating on NSDL record (India Ratings, 2022)

Not a current agency rating; see below

Remaining Tenure

11.1 Years

AAA (India Ratings): Rating on NSDL record (India Ratings, 2022), dated 16 Nov 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

6.79 Yrs

Macaulay Duration

7.31 Yrs

Issue Size

₹2,000 Cr

Face Value

₹10,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

6.79 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

10 Jul 2026

NSE OTC (WAP)

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 2.53 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

REC Limited

Instrument Type

NCD

Issue Date

2 Dec 2022

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

REC Limited issued REC 7.67% Nov 2037 NCD, an unsecured NCD. It pays a 7.67% 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 INE020B08EB3: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-07-10	101.8500	7.4100	—
2026-07-03	101.8487	7.4100	—
2026-07-02	100.1500	7.6350	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	India Ratings (NSDL record)	2022-11-16
Rating Actions History	2	—	2026-10-07
Secondary-Market Trades	3	NSE OTC (WAP)	2026-07-10
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.
No trade in the last 30 days, so the last traded yield is not shown as current.

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.

₹10,18,500.00

YTM—

Trade Date 10 Jul 2026 121d ago

SourceNSE OTC (WAP)

Accrued interest (est.)₹72,287.12

Dirty price (est.)₹10,90,787.12

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on REC 7.67% Nov 2037 NCD?

REC 7.67% Nov 2037 NCD carries a coupon of 7.67%, paid annual, on a face value of ₹10,00,000.

When does REC 7.67% Nov 2037 NCD mature?

REC 7.67% Nov 2037 NCD matures on 30 Nov 2037, 11.1 years from today.

What is REC 7.67% Nov 2037 NCD rated?

No current rating from an agency or exchange is on file for REC 7.67% Nov 2037 NCD. NSDL's debt master records a rating of AAA by India Ratings, dated 16 Nov 2022, often from the time of issue, so it may be out of date.

Is REC 7.67% Nov 2037 NCD secured?

REC 7.67% Nov 2037 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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

View Details

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REC 5.00% Nov 2026 NCD

INE020B07ML7

AAA NSDL record, 2021

Coupon

5.00%

Maturity

30 Nov 2026

View Details

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REC 7.54% Dec 2026 NCD

INE020B08AC9

AAA NSDL record, 2016

Coupon

7.54%

Maturity

30 Dec 2026

View Details

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REC 5.00% Dec 2026 NCD

INE020B07MM5

AAA NSDL record, 2021

Coupon

5.00%

Maturity

31 Dec 2026

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2037

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 7.67%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE134E08LV9	Power Finance Corporation Limited	AAA	7.65%	2037-11-13
INE261F08DY8	National Bank for Agriculture and Rural Development	AAA NSDL record, 2023	7.70%	2038-02-17
INE134E08LY3	Power Finance Corporation Limited	AAA	7.72%	2037-12-19
INE062A08389	State Bank of India	AAA	7.54%	2038-08-01
INE134E08MB9	Power Finance Corporation Limited	AAA	7.82%	2038-03-06
INE906B07IY8	National Highways Authority of India	AAA	7.26%	2038-08-10

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