R
AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
7.62%
Market YTM
Coupon Rate
7.69%
Per annum
Maturity Date
31 Jan 2033
6.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.62%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+74 bps
vs 6.4Y G-Sec at 6.88%
Below the median spread for similar-tenor peers
Tenure
6.4 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
12 Jan 2027
Interest Payment
₹7,690.00 / Bond
12 Jan 2028
Interest Payment
₹7,690.00 / Bond
12 Jan 2029
Interest Payment
₹7,690.00 / Bond
12 Jan 2030
Interest Payment
₹7,690.00 / Bond
12 Jan 2031
Interest Payment
₹7,690.00 / Bond
12 Jan 2032
Interest Payment
₹7,690.00 / Bond
12 Jan 2033
Interest Payment
₹7,690.00 / Bond
31 Jan 2033
Principal Payment
₹100,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-06 Issued 2023-01-12 Matures 2033-01-31

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

Key Metrics
Coupon Rate
7.69%
YTM (Annual)
7.62%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
6.4 Years
Advanced metrics
Modified Duration
4.73 Yrs
Macaulay Duration
5.09 Yrs
Issue Size
₹2,004 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.73 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
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 2.31 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
2023-01-12
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

RECL-7.69%-31-1-33-PVT is a rated, redeemable ncd issued by REC Limited. The bond offers a fixed coupon of 7.69% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 100.2447 7.6200 None
2026-06-30 101.8875 7.3000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2023-01-31
Rating Actions History 1 2026-07-06
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-27
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 7.69% Jan 2033 NCD?

REC 7.69% Jan 2033 NCD carries a coupon of 7.69%, paid annual, on a face value of ₹100,000.

When does REC 7.69% Jan 2033 NCD mature?

REC 7.69% Jan 2033 NCD matures on 2033-01-31, 6.4 years from today.

What is REC 7.69% Jan 2033 NCD rated?

REC 7.69% Jan 2033 NCD is rated AAA by CRISIL and AAA by CARE. As of 2023-01-31.

Is REC 7.69% Jan 2033 NCD secured?

REC 7.69% Jan 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.69% Jan 2033 NCD trade?

REC 7.69% Jan 2033 NCD is listed on BSE.

What yield does REC 7.69% Jan 2033 NCD currently offer?

The last recorded trade on 2026-08-27 priced REC 7.69% Jan 2033 NCD at ₹100.24, implying a yield to maturity of 7.62%.

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