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REC 7.69% Mar 2033 NCD (INE020B08EG2)

CRISIL AAA · NSDL record, 2023 Unsecured NCD

REC Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2033

193 more bonds from REC Limited →
Current YTM
—
No current market yield
Coupon Rate
7.69%
Per annum
Maturity Date
31 Mar 2033
6.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
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 4 Sep 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

15 Mar 2027
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
15 Mar 2028
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
15 Mar 2029
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
15 Mar 2030
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
15 Mar 2031
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
15 Mar 2032
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
15 Mar 2033
Interest Payment
₹7,690.00 / Bond
₹6,921.00 net of 10% TDS (est.)
31 Mar 2033
Final coupon (part period) + principal
₹1,00,337.10 / Bond
₹337.10 coupon + ₹1,00,000 face value

8 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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 Mar 2023 Matures 31 Mar 2033

Key Metrics

Coupon Rate
7.69%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (CRISIL, 2023)
Not a current agency rating; see below
Remaining Tenure
6.4 Years

AAA (CRISIL): Rating on NSDL record (CRISIL, 2023), dated 2 Mar 2023. 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 No current rating from an agency or exchange is on file, so it may be out of date.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
4.69 Yrs
Macaulay Duration
5.06 Yrs
Issue Size
₹1,600 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
4.69 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
4 Sep 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 2.51 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
15 Mar 2023
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Puttable

REC 7.69% Mar 2033 NCD is an unsecured NCD issued by REC Limited. It pays a 7.69% 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 INE020B08EG2: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-09-04 99.9965 7.6700 —
2026-06-30 101.9382 7.3000 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2023-03-02
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 2 NSE OTC (WAP) 2026-09-04
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.
  • 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.

Current Price (Clean)
₹99,996.50
YTM—
Trade Date 4 Sep 2026 65d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹4,698.27
Dirty price (est.)₹1,04,694.77
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08EG2
Issue Date
15 Mar 2023
Maturity Date
31 Mar 2033
Listing
—
Payment Frequency
Annual
Put / Call Option
Put
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 7.69% Mar 2033 NCD?

REC 7.69% Mar 2033 NCD carries a coupon of 7.69%, paid annual, on a face value of ₹1,00,000.

When does REC 7.69% Mar 2033 NCD mature?

REC 7.69% Mar 2033 NCD matures on 31 Mar 2033, 6.4 years from today.

What is REC 7.69% Mar 2033 NCD rated?

No current rating from an agency or exchange is on file for REC 7.69% Mar 2033 NCD. NSDL's debt master records a rating of AAA by CRISIL, dated 2 Mar 2023, often from the time of issue, so it may be out of date.

Is REC 7.69% Mar 2033 NCD secured?

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

Can REC 7.69% Mar 2033 NCD be called or put back early?

REC 7.69% Mar 2033 NCD is puttable -- holders may require the issuer to repurchase it on scheduled put dates.

More Bonds from This Issuer

R
REC 7.52% Nov 2026 NCD
INE020B08AA3
AAA NSDL record, 2016
Coupon
7.52%
Maturity
07 Nov 2026
R
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

Comparable NCDs maturing near 2033

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 7.69%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE115A07QN4LIC Housing Finance LimitedAAA7.69%2034-02-06
INE053F08346Indian Railway Finance Corporation LimitedAAA7.67%2033-12-15
INE103D08039Bharat Sanchar Nigam LimitedAAA NSDL record, 20227.72%2032-12-22
INE134E08MH6Power Finance Corporation LimitedAAA7.66%2033-04-15
INE053F08221Indian Railway Finance Corporation LimitedAAA7.65%2032-12-30
INE306N07MQ4Tata Capital LimitedAAA NSDL record, 20227.65%2032-04-29

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