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REC 8.03% Perpetual NCD (INE020B08EO6)

CRISIL AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds

193 more bonds from REC Limited →
Current YTM
—
No current market yield
Coupon Rate
8.03%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,00,000
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 1 Oct 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
3 Sep 20261 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-09-30 Interest ₹87,53,00,000.00 ₹87,53,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Key Metrics

Coupon Rate
8.03%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 30 Sep 2023, 3 years ago
Over 15 months old; see below
Remaining Tenure
Perpetual

AAA (CRISIL): Rated 30 Sep 2023 (3 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹1,090 Cr
Minimum Investment
₹1,00,00,000
1 bond × ₹1,00,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
1 Oct 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.

Structured Overview

Data as of 7 Nov 2026
Issuer
Instrument Type
NCD
Issue Date
27 Sep 2023
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

REC 8.03% Perpetual NCD is an unsecured, rated NCD issued by REC Limited. It pays an 8.03% p.a. coupon, annually. It has no fixed maturity date.

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 INE020B08EO6: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-01 99.8200 8.0579 —
2026-09-30 99.7963 8.0625 —
2026-09-24 100.9151 7.8500 —
2026-09-03 100.4600 7.9300 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-09-30
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 4 NSE OTC (WAP) 2026-10-01
Reg52(4) Payment Disclosures 1 NSE 2026-09-30
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹99,82,000.00
YTM—
Trade Date 1 Oct 2026 38d ago
SourceNSE OTC (WAP)
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08EO6
Issue Date
27 Sep 2023
Maturity Date
Perpetual — no fixed maturity
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 8.03% Perpetual NCD?

REC 8.03% Perpetual NCD carries a coupon of 8.03%, paid annual, on a face value of ₹1,00,00,000.

When does REC 8.03% Perpetual NCD mature?

REC 8.03% Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date.

What is REC 8.03% Perpetual NCD rated?

REC 8.03% Perpetual NCD is rated AAA by CRISIL (rating dated 30 Sep 2023).

Is REC 8.03% Perpetual NCD secured?

REC 8.03% Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 8.03% Perpetual NCD trade?

REC 8.03% Perpetual NCD is listed on BSE.

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